Pending: Minneapolis MLS# 6514240
Pending
$625,000
Multi-family: Four Plex
Built 1979
3,264 sqft•0.2 acres
Minneapolis schools
MLS# 6514240
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Property Description
Well maintained, 4-plex located in a very convenient location with two open units for owner occupant opportunity! *Three - 2 bedroom units & One - 1 bedroom unit. *
1 block to light-rail station and bus stop, plus close to Target, Cub Foods, YWCA and many stores and restaurants! Many updates include: New Roof in 2017, All New Windows in 2015, All Units New Kitchen Cabinets were installed between 2017 and 2019. Most units have new appliances replaced since 2016. 3 Newer water heaters. 3 units had flooring replaced: 2024, 2020, 2017. All furnaces replaced in 2010..and much more! Coin laundry. Tenants pay Electric/Gas. (One unit virtually staged.) *Ask about assumable mortgage.
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$625,000
Price per sq ft:
$191
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1979
State:
MN
Property Style:
Four Plex
Zip Code:
55407
Neighborhood/Area:
Corcoran
Subdivision Name:
Griswolds 2nd Add
Green Certified:
Pending
Interior
Finished Area:
3,264 ft2
Living Area:
3,264 ft2
Ranges:
Four
Basement Details:
- Daylight/Lookout Windows
- Finished
Exterior
Stories:
Split Entry (Bi-Level)
Garage Spaces:
0
Foundation Size:
1,632 ft2
Fencing:
Chain Link
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
Paved
Shared Amenities:
- Coin-op Laundry Owned
- Common Laundry
- Security
Road Frontage:
City Street
Exterior Material:
Vinyl Siding
Roof Details:
- Age 8 Years or Less
- Asphalt
Lot & Land
Acres:
0.2
Geolocation:
44.946108, -93.239419
Lot Dimensions:
50 x 172
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
$600
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
$600
Annual Gross Expense:
$43,500
Annual Trash Expense:
$1,500
Annual Water/Sewer Expense:
$2,500
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$8,366
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$8,794
Income
Annual Gross Income:
$54,500
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Engel & Volkers Minneapolis Downtown.
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.