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Active Contingent
$279,000
/mo   Edit
MLS# 4961760
3029 Chicago Avenue
Minneapolis, MN 55407
Multi-family  /  Duplex - Up & Down
2,809 fin sqft  /  0.12 acres
Built 1914  /  Minneapolis schools
Info: 763-576-8286
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    Description:   Updated duplex with separate utilities. Each unit has architectural features - built-in buffets, original oak trim, and maple floors. Don't miss the 3rd level of finished attic space with private access. Solid updates include most of the plumbing, extensive electrical work, boiler, water heaters, quality wood windows, tuck-pointing, back upper deck, and more. Less than one block to Midtown Global Market, the Transit Center and Midtown Greenway. Great for Owner-Occupant or Investor.
    List Price: $279,000
    Price/sq ft: $99
    Property Type: Multi-family
    Listing Status: Active Contingent
    Contingency: Inspection
    Property Style: Duplex - Up & Down
    Year Built: 1914
    Neighborhood/Area: Powderhorn Park
    City: Minneapolis
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,809 ft²
    Above Ground Living: 2,809 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Three
    Total Refrigerators: Three
    Basement Details: Full, Day/Lookout Windows, Poured Concrete, Unfinished

    Exterior

    Heating System: Hot Water
    Foundation Size: 1,284 ft²
    Shared Amenities: Deck, Patio, Common Garden
    Fencing: Chain Link, Privacy, Full
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Stucco, Brick/Stone
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Pitched, Age Over 8 Years

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium, City Bus (w/in 6 blks)
    Latitude: 44.94736900
    Longitude: -93.26227400
    Lot Size Dim.: 42x122
    Zoning: Residential-Multi-Family

    Schools

    School District: 1 - Minneapolis
    District Phone: 612-668-0000
    Name Grades Distance
    Early Childhood Assessment/special PRE < 1 mi
    River West Early Childhood Special Education PRE < 1 mi
    Andersen Community PRE-8 < 1 mi
    Green Central Park Elementary School K-8 < 1 mi
    South Senior High School 9-12 < 1 mi
    Center School 7-12 < 1 mi
    Bancroft Elementary School PRE-5 1.0 mi
    Lincoln International High School 9-12 1.1 mi
    Adult Education South Campus UNGRADE 1.1 mi
    Lyndale Elementary School PRE-5 1.1 mi

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $244
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: Taxes, Insurance, Water/Sewer, Maintenance/Repair, Snow, Lawn
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2017
    Annual Taxes: $2,366
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,366

    Income

    Annual Gross Income: 34200.00

    Rent

    Unit 1 Monthly Rent: $1,100
    Unit 2 Monthly Rent: $1,750

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: Yes
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of River Realty