For Sale: Minneapolis MLS# 6449515
Active
$400,000
Multi-family: Duplex Up and Down
Built 1910
1,574 sqft•0.28 acres
Minneapolis schools
MLS# 6449515
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Property Description
Great opportunity to own 2 contiguous lots, 195 & 199 James totaling .28 acres. PIDs 21.029.24.34.0106 & 21.029.24.34.0107. One lot is vacant, the other has a duplex. This location has seen an influx of re-development in the past few years, with new townhomes, artist lofts and office space. The property is zoned CM1 Neighborhood Mixed-Use which allows for commercial use, residential, institutional, lower-impact production, and public services. Both units leased through March 2025.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$400,000
Price per sq ft:
$254
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1910
State:
MN
Property Style:
Duplex Up and Down
Zip Code:
55405
Neighborhood/Area:
Harrison
Subdivision Name:
Byrnes Add
Interior
Finished Area:
1,574 ft2
Living Area:
1,574 ft2
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Basement Details:
Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
830 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
On-Street Parking Only
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.28
Geolocation:
44.977759, -93.301072
Lot Dimensions:
Irregular
Addl Parcels:
2102924340107
Zoning:
Other
Lot Description:
- Irregular Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,847
Annual Maintenance Expense:
$2,625
Annual Gross Expense:
$7,692
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$2,220
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$4,909
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,909
Income
Annual Gross Income:
$25,800
Misc. Annual Income:
None
Misc. Monthly Income:
None
Units
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.