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Active
Listed
$849,000
/mo   Edit
MLS# 5201542
3037 Aldrich Avenue S
Minneapolis, MN 55408
Multi-family    Duplex Up and Down
Built 2017
3,654 fin sqft    0.07 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   Beautiful newer construction Duplex has 8 Bedrooms 4 Bath and each side has a 1+ Garage. Large $6500 income p/month. Tenants pay gas + electric. Stainless appliances, Granite, Maple Cabinets, Large rooms-high ceilings. As-Is Addn req. because owner never lived in property.
    List Price: $849,000
    Price/sq ft: $232
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 2017
    Neighborhood/Area: South Uptown
    City: Minneapolis
    Zip Code: 55408

    Interior

    Fin Sq Ft / Living Area: 3,654 ft²
    Above Ground Living: 2,832 ft²
    Below Ground Living: 822 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,116 ft²
    Handicap Accessible: None
    Exterior Material: Other
    Garage Spaces: 2
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.07
    Construction Status: Previously Owned
    Latitude: 44.94705200
    Longitude: -93.28913200
    Lot Size Dim.: 40 X 72
    Dev/Complex Name: Calhoun Park
    Zoning: Residential-Multi-Family

    Schools

    School District: 1 - Minneapolis
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: $2,000
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $3,200
    Total Annual Expenses: $7,286
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,200
    Owner Expenses: Taxes, Water/Sewer, Maintenance/Repair, Trash, Snow, Lawn
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,086
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,086

    Income

    Annual Gross Income: 78000.00
    Misc. Annual Income: None
    Misc. Monthly Income: None

    Rent

    Unit 1 Monthly Rent: $3,500
    Unit 2 Monthly Rent: $3,000

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Owner Occupied: N
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Mona
    Edick
    Bay Equity
    Chrissy
    Von Itter
    Movement
    Jeff
    Zajac
    TruStone
    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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    Listing provided by RMLS, courtesy of Ferrell Real Estate Group Inc