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Active
Listed
$848,900
/mo   Edit
MLS# 5207141
418 Groveland Avenue
Minneapolis, MN 55403
Multi-family    Duplex Up and Down
Built 1896
3,765 fin sqft    0.08 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   Stately Two-Story Colonial, converted to a wonderful Duplex. High income, tenant utilities separately metered. Tastefully updated, granite, stainless appliances, real hardwoods, updated mechanicals.
    List Price: $848,900
    Price/sq ft: $225
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1896
    Neighborhood/Area: Loring Park
    City: Minneapolis
    Zip Code: 55403

    Interior

    Fin Sq Ft / Living Area: 3,765 ft²
    Above Ground Living: 3,115 ft²
    Below Ground Living: 650 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Finished (Livable)

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,276 ft²
    Handicap Accessible: No Stairs Internal
    Exterior Material: Wood
    Garage Spaces: 4

    Lot

    Acres: 0.08
    Construction Status: Previously Owned
    Latitude: 44.96637300
    Longitude: -93.28601400
    Lot Size Dim.: 44x81x41x73
    Dev/Complex Name: J S Johnsons Sub Of Lts Johnso
    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: $1,500
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $2,550
    Total Annual Expenses: $2,550
    Annual Trash Expense: $500
    Annual Water/Sewer Expense: $750
    Owner Expenses: Taxes, Insurance, Maintenance/Repair, Lawn
    Tenant Expenses: Electric, Fuel, Water/Sewer

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $6,235
    Assessment Pending: Unknown
    Taxes w/ Assessments: $6,235

    Income

    Annual Gross Income: 60000.00

    Rent

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

    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
    Jeff
    Zajac
    TruStone
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    Von Itter
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    Bay Equity
    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