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Active
Listed
$249,900
/mo   Edit
MLS# 5245122
339 Lowry Avenue NE
Minneapolis, MN 55418
Multi-family    Duplex Up and Down
Built 1917
1,458 fin sqft    0.12 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   Great location, walking distance to many businesses, and easy to rent out. Currently one is set up on a month to month and other lease expires in October. Plenty of off-street parking, there is a one stall garage presently not being used. Owner occupied or otherwise, this is right in the Arts District of Northeast Minneapolis
    List Price: $249,900
    Price/sq ft: $171
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1917
    Neighborhood/Area: Holland
    City: Minneapolis
    Zip Code: 55418

    Interior

    Fin Sq Ft / Living Area: 1,458 ft²
    Above Ground Living: 1,458 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Heating System: Forced Air
    Foundation Size: 768 ft²
    Shared Amenities: Porch
    Fencing: None
    Road Frontage: City
    Handicap Accessible: Other
    Exterior Material: Wood, Metal, Stucco
    Garage Spaces: 1
    Roof Details: Asphalt Shingles

    Rooms

    Shared Rooms: Other

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium
    Latitude: 45.01336700
    Longitude: -93.26241200
    Lot Size Dim.: -
    Dev/Complex Name: Phillips Add
    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: $1,325
    Annual Maintenance Expense: $1,000
    Annual Repair Expense: None
    Annual Gross Expense: $3,547
    Total Annual Expenses: $3,547
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,222
    Owner Expenses: Taxes, Water/Sewer, Trash
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $2,541
    Assessment Pending: Unknown
    Taxes w/ Assessments: $2,541

    Income

    Annual Gross Income: 23400.00

    Rent

    Unit 1 Monthly Rent: $1,100
    Unit 2 Monthly Rent: $850

    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

    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
    Movement
    Jason
    Roaldson
    CrossCountry
    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 Edina Realty, Inc.