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Sold
$369,900  (list price)
$385,000
/mo Edit
Multi-family:  Other
Built 1900
2,401 sqft • 0.08 acres
Minneapolis schools
MLS# 6339554
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    Property Description

    Welcome to 1518 Park Ave. in the Whittier neighborhood of Minneapolis. This lovely duplex features 2 story units, each with 3 bedrooms and 1 bathroom. Each unit features updated kitchens & baths, in unit laundry, central AC and off street parking. You can't beat this location - walking distance from downtown Minneapolis, Elliot Park, U.S. Bank Stadium, Hennepin County Medical Center and the Minneapolis Convention Center. Easy access to public transportation, I-94 and 35W making shopping, entertainment, grocery and parks easy accessible.

    Listing

    Contingency: None
    Price per sq ft: $154
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Other
    Zip Code: 55404
    Neighborhood/Area: Elliot Park
    Subdivision Name: Elliot & Abbotts Add

    Interior

    Living Area: 2,401 ft2
    Ranges: One Per Unit
    Refrigerators: One Per Unit
    Basement Details: Partial

    Exterior

    Stories: Two
    Garage Spaces: 0
    Foundation Size: 1,358 ft2
    Handicap Accessible: None
    Heating System: Forced Air
    Parking Features: Asphalt
    Shared Amenities: Deck
    Road Frontage: City Street
    Exterior Material:
    • Brick/Stone
    • Shake Siding
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.08
    Geolocation: 44.967428, -93.265549
    Lot Dimensions: 26 x 128 x 26 x 128
    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: $1,380
    Annual Maintenance Expense: $1,000
    Annual Gross Expense: $6,000
    Annual Trash Expense: $900
    Annual Water/Sewer Expense: $2,500
    Tenant Expenses: Cable TV, Electricity, Fuel

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $5,023
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $5,023

    Income

    Annual Gross Income: $43,800

    Units

    Total Units: 2

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Keller Williams Preferred Rlty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.