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Key Details
Sold Price $210,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,228 sqft
Price per Sqft $94
Subdivision Highland Park Add
MLS Listing ID 5228503
Sold Date 06/27/19
Year Built 1900
Annual Tax Amount $1,815
Tax Year 2019
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 44x157x44x157
Property Description
One of the best duplex's on the market in North Minneapolis! Huge cash flow with $29,760 in annual gross income, with the opportunity to raise rents to marker level $1,550/mo for the 3 bedroom and $1,200/mo for the 2 bedroom. Opportunity to bring in $33,000 in annual gross rents, per Minneapolis Public Housing Authority.l Solid property with great long-term tenants, lower has been there for 3 years, upper has been there for 5 years. New furnace in 2015, new water heaters 2017. Update heavy duty siding. Tenants pay all utilities except water/sewer.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 1134
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Minneapolis
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Steve Comstock
Broker Associate | License ID: 40423387
Broker Associate License ID: 40423387