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Active
Listed
$284,900
/mo   Edit
MLS# 5296141
2518 3rd Street NE
Minneapolis, MN 55418
Multi-family    Duplex Up and Down
Built 1927
2,006 fin sqft
Minneapolis schools
Info: 763-576-8286
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    Description:   Location, Location, Location... tucked between Betty Danger's and Stanley's, this NE Arts District duplex has it all! Newer roof, new furnace, loads of charm on the main floor with a cute one bedroom up! Main floor has hardwood floors, vintage built-ins, updated kitchen with HUGE extra eating area, sun room, and lower level den. Upper level is a sweet one bedroom with updated kitchen. Could be converted back to single family. Some showing times are difficult for tenants, please have agent check their remarks for details.
    List Price: $284,900
    Price/sq ft: $142
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Up and Down
    Year Built: 1927
    Neighborhood/Area: Marshall Terrace
    City: Minneapolis
    Zip Code: 55418

    Interior

    Fin Sq Ft / Living Area: 2,006 ft²
    Above Ground Living: 1,886 ft²
    Below Ground Living: 120 ft²
    Total Ranges: Two
    Total Refrigerators: Two
    Basement Details: Full, Partial Finished

    Exterior

    Heating System: Forced Air
    Foundation Size: 1,088 ft²
    Shared Amenities: Deck
    Fencing: Partial
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Brick/Stone, Stucco
    Garage Spaces: 2
    Roof Details: Asphalt Shingles, Pitched, Age 8 Years or Less

    Rooms

    Shared Rooms: Other

    Lot

    Acres: 0
    Construction Status: Previously Owned
    Lot Description: City Bus (w/in 6 blks), Tree Coverage - Medium
    Latitude: 45.01382900
    Longitude: -93.26491000
    Lot Size Dim.: 46X157
    Dev/Complex Name: Marshall Terrace
    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: $1,975
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $1,500
    Total Annual Expenses: $1,500
    Annual Trash Expense: None
    Annual Water/Sewer Expense: $1,500
    Owner Expenses: Taxes, Insurance, Water/Sewer
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,157
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,157

    Income

    Annual Gross Income: 21840.00

    Rent

    Unit 1 Monthly Rent: $1,070
    Unit 2 Monthly Rent: $750

    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

    Jason
    Roaldson
    CrossCountry
    Chrissy
    Von Itter
    Movement
    Jeff
    Zajac
    TruStone
    Jason Roaldson
    Premier Loan Officer
    CrossCountry Mortgage NMLS#308253
    My goal is to be fair and accurate with anyone who trusts me to handle their financing. I believe that trust is the most important ingredient in the relationship between my client and me, which is why I focus on transparency with my clients so they understand from where all of the numbers in their transactions are derived. When trust is high and stress is low, purchases close on time. My Promise to you is we close on time, every time. We have open communication throughout the process, and I am accountable in all that I do. I am committed to serving you, I am committed to excellence, and I am committed to your 100% satisfaction. I am a 20 year veteran in the financing industry and have worked in every segment of the mortgage industry including banking, brokering, and correspondent lending. I have been fortunate to be a multi-year recipient of the Super Mortgage Professional designation given by the Twin Cities Business Magazine, the Minneapolis/St. Paul Magazine, and the Minnesota Monthly Magazine which are professional publications in my market.
    612.268.1503

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    Listing provided by RMLS, courtesy of Edina Realty, Inc.