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Active
Listed
$205,000
/mo   Edit
MLS# 5286262
3431 Penn Avenue N
Minneapolis, MN 55412
Multi-family    Duplex Up and Down
Built 1908
1,623 fin sqft    0.12 acres
Minneapolis schools
Info: 763-576-8286
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    Description:   Welcome to your new income producing duplex located in the Cleveland Neighborhood area. 4 bed 2 bath. Currently both units occupied with tenants. Both Tenants on month to month lease. Ask your agent for the supplements. Property being sold as is. Come check this one out before its gone!
    List Price: $205,000
    Price/sq ft: $126
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1908
    Neighborhood/Area: Cleveland
    City: Minneapolis
    Zip Code: 55412

    Interior

    Fin Sq Ft / Living Area: 1,623 ft²
    Above Ground Living: 1,623 ft²
    Below Ground Living: 0 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full

    Exterior

    Heating System: Gravity
    Foundation Size: 884 ft²
    Fencing: Chain Link
    Road Frontage: City
    Handicap Accessible: None
    Exterior Material: Metal, Vinyl
    Garage Spaces: 1
    Roof Details: Age 8 Years or Less, Asphalt Shingles

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Light
    Latitude: 45.01779900
    Longitude: -93.30863000
    Lot Size Dim.: 42.70 X 127.00
    Dev/Complex Name: Fletcher & Fletchers 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: $22,500
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $2,681
    Assessment Pending: No
    Taxes w/ Assessments: $2,681

    Income

    Annual Gross Income: 22500.00

    Rent

    Unit 1 Monthly Rent: $1,000
    Unit 2 Monthly Rent: $875

    Unit

    Total Units: 2

    Miscellaneous

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

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
    Jeff
    Zajac
    TruStone
    Chrissy
    Von Itter
    Movement
    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 Partners Realty Inc.