$465,000
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3,343 SqFt
SOLD DATE : 05/14/2021
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,343 sqft
Price per Sqft $139
MLS Listing ID 5727221
Sold Date 05/14/21
Year Built 1900
Annual Tax Amount $4,690
Tax Year 2020
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x150
Property Sub-Type Quadruplex
Property Description
Classic 1900 building with beautiful sandstone foundation. Building was owner-occupied for many years.
Recent exterior updates including painting and landscaping. There is a large unfinished attic and
basement with potential for additional finished square feet! Units 1 & 4 both have ornate fireplaces.
Nice yard. Great location close to downtown. 1 BR units rented below market at $750, $800 and $800. One
unit left vacant for owner occupant or place a new tenant at market rent. "Laundry machines are leased and maintained by a 3rd party company.
Property owner keeps 50% of the revenue. Owner's portion of this revenue was approximately $490 in the last 12 months. New buyer has the option to continue with the contract, buy the existing laundry machines or end the contract and purchase their own machines.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Shared Access, Storage Space, Unfinished
Interior
Heating Boiler, Radiant
Fireplace No
Exterior
Parking Features Asphalt
Fence Chain Link
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Tree Coverage - Medium
Story More Than 2 Stories
Foundation 1671
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Fiber Cement
New Construction false
Schools
School District Minneapolis
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