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Active
Listed
$349,900
/mo   Edit
MLS# 5244223
1108 16th Avenue SE
Minneapolis, MN 55414
Multi-family    Duplex Other
Built 1910
2,022 fin sqft    0.12 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   Great income property close to U of M! Many capital improvements. Fully leased, tenants pay utilities! Also comes furnished, and the gross rent currently exceeds $30, 000/year
    List Price: $349,900
    Price/sq ft: $173
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Other
    Year Built: 1910
    Neighborhood/Area: Como
    City: Minneapolis
    Zip Code: 55414

    Interior

    Fin Sq Ft / Living Area: 2,022 ft²
    Above Ground Living: 1,812 ft²
    Below Ground Living: 210 ft²
    Basement Details: Full, Egress Windows

    Exterior

    Heating System: Hot Water
    Foundation Size: 798 ft²
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Roof Details: Asphalt Shingles, Pitched

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Latitude: 44.99108900
    Longitude: -93.22910100
    Lot Size Dim.: 40x131
    Dev/Complex Name: Elwells Add

    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: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $3,849
    Total Annual Expenses: $3,849
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,574
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,574

    Income

    Annual Gross Income: 30240.00

    Rent

    Unit 1 Monthly Rent: $2,520

    Unit

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Jeff
    Zajac
    TruStone
    Richard
    Smyth
    TruStone
    Chrissy
    Von Itter
    Movement
    Jeff Zajac
    Area Sales Manager
    TruStone Home Mortgage NMLS#373627
    Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
    763-270-4336

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet