Pending: Minneapolis MLS# 6493618
Pending
$489,000
Multi-family: Four Plex
Built 1893
3,552 sqft•0.15 acres
Minneapolis schools
MLS# 6493618
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Property Description
Prime Stevens Square location. NEW ROOF 2023, and newer boiler! Fully rented, 4 two-bedroom units. Month-to-month leases with rent per unit, $1100, $1100, and $1400/mo. One unit with full-year lease: $1375/mo started 2/24. Tenants pay for gas and electricity. The owner pays for heat/ water/trash. Rent includes off-street parking. Easy commute to downtown. Great investment opportunity. Both south-facing units have original tile-front fireplaces, Old-world character, and charmâ⬠¦ nice architectural details include hardwood floors and natural woodwork around windows and doors. Potential Portfolio purchase with 1909 and 1920 Stevenââ¬â¢s Avenue, also currently listed for sale!
Listing
Listing Status:
Pending
Contingency:
None
List Price:
$489,000
Price per sq ft:
$138
Property Type:
Multi-family
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1893
State:
MN
Property Style:
Four Plex
Zip Code:
55403
Neighborhood/Area:
Steven's Square - Loring Heights
Subdivision Name:
Replat Jackson Daniel Whitney-Blks
Interior
Finished Area:
3,552 ft2
Living Area:
3,552 ft2
Ranges:
Four
Refrigerators:
Four
Basement Details:
Stone/Rock
Exterior
Stories:
Two
Garage Spaces:
0
Foundation Size:
1,776 ft2
Fencing:
None
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
Open
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
- Brick/Stone
- Wood Siding
Roof Details:
- Age Over 8 Years
- Asphalt
Lot & Land
Acres:
0.15
Geolocation:
44.963286, -93.274948
Lot Dimensions:
50 x 128
Zoning:
Residential-Multi-Family
Lot Description:
Tree Coverage - Light
Schools
School District:
1
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 Gross Expense:
$9,600
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Electricity, Fuel
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$7,922
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,922
Income
Annual Gross Income:
$59,700
Units
Total Units:
4
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.