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Sold
Sold
$350,000  (list price)
$356,000
/mo   Edit
MLS# 5273830
Multi-family
Built 1952
2,276 fin sqft
Minneapolis schools
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    Description:   Rare Nokomis Area side x side duplex. Move in condition. Perfect for owner occupied or proven investment revenue generator. Located just a short distance from Lake Nokomis, Hiawatha Golf, The Parkway, restaurants, shopping, coffee shops and more. Separate utilities, new paint on exterior, washer & dryer, newer mechanicals, hardwood floors, central air, nice patio area, updated windows, two car garage + parking space. One side has lower finished basement den and family room with fireplace. Egress window would make this a 3 bedroom. Add value and increase refenue with space to finish other side. You will have no problem obtaining long term renters in this wonderful area. Multiple offers received - Highest and best offers must be submitted by 2:00 PM Sunday (August 11th)
    List Price: $350,000
    Sold Price: $356,000
    Sold Date: 09/06/2019
    Price/sq ft: $154
    Property Type: Multi-family
    Listing Status: Sold
    Contingency: None
    Property Style: Duplex Side X Side
    Year Built: 1952
    Neighborhood/Area: Ericsson
    City: Minneapolis
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,276 ft²
    Above Ground Living: 1,620 ft²
    Below Ground Living: 656 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Full, Partial Finished

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,620 ft²
    Shared Amenities: Patio
    Fencing: Wood, Partial
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Shakes
    Garage Spaces: 2
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.11
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Medium
    Latitude: 44.92434500
    Longitude: -93.24692400
    Lot Size Dim.: 40 x 122
    Dev/Complex Name: Cedar Ave Heights 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: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: Water/Sewer, Taxes, Insurance
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,449
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,449

    Income

    Annual Gross Income: 0.00

    Rent

    Unit 1 Monthly Rent: None
    Unit 2 Monthly Rent: None

    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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    Jeff Zajac
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    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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