Address
2544 Pillsbury Avenue S, Minneapolis, MN
Price
$ 699,000
Property Attributes
- ID#6485012
- TypeMulti-Family
- CountyHENNEPIN
- CityMinneapolis
- AreaJ T Blaisdells Rev Add
- NeighborhoodJ T Blaisdells Rev Add
- Zip55404
- StyleDuplex
- Year Built1910
- Taxes$ 12750
- Price$ 699,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage4424
- Lot Size0.17 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
Either an investment or owner-occupied option, this once 5 unit converted to a duplex with a commercial recording studio media room component recently had an Airbnb business on one side. Operating now as a pure duplex it has the potential to repurpose back into a 4/5 unit due to zoning BF13 & UN2 to be verified by buyer or continue as is. The tenants wish to stay however the unit leases expire April and July 2024. The attached pictures show the interior when owner occupied and operating as an Airbnb to note. Amenities are numerous at 2544 including a 5-stall detached garage plus room for guest parking. The owner resides in another state and has decided to sell to simplify real estate owned.
| Price History | |
|---|---|
| 2/4/2024 | Listed $715,000 |
| 3/26/2024 | 3% - $699,000 |
General Features
| Sewer | City Sewer/Connected |
|---|---|
| Heating | Forced Air |
| Roof | Age Over 8 Years,Flat |
| Garage Spaces | 5 |
| Construction Materials | Stucco,Wood Siding |
| Year Built | 1910 |
| Electric | Circuit Breakers |
| Tenant Pays | All Utilities |
| Topography | Level |
| Levels | Two |
| Property SubType | Duplex Other |
| Tax Year | 2024 |
| Gross Income | 63240 |
| OwnerPays | Insurance,Taxes,Trash Collection,Water |
| Accessibility | None |
| County | Hennepin |
| Operating Expense | 17750 |
| Insurance Expense | 5000 |
| New Construction | No |
| Property Type | Residential Income |
| Association Amenities | Deck,Porch |
| Contingency | None |
| Subdivision Name | J T Blaisdells Rev Add |
| Directions | Lyndale Ave So to 2544 |
| City | Minneapolis |
| Buyer Agent Compensation | 2.50 |
| High School District | Minneapolis |
| Zoning Description | Residential-Multi-Family |
| NumberOfUnitsTotal | 2 |
| Lot Size Units | Square Feet |
| Street Name | Pillsbury |
| Land Lease Y/N | No |
| Tax Annual Amount | 12750 |
| Additional Parcels Y/N | No |
| Days on Market | 51 |
| Standard Status | Active |
| Lender Owned | No |
| Buyer Agent Compensation Type | % |
| PostalCity | Minneapolis |
Interior Features
| Basement | Full,Storage Space |
|---|---|
| Basement (Y/N) | Yes |
| Above Grade Finished Area | 4424 |
| Street Suffix | Avenue |
| Fuel | Natural Gas |
| Garage Square Feet | 1000 |
Exterior Features
| Parking Features | Asphalt,Shared Driveway,Guest Parking,Multiple Garages |
|---|---|
| Lot Features | Public Transit (w/in 6 blks),Underground Utilities |
| Water Source | City Water/Connected |
| Lot Size Area | 0.17 |
| Lot Dimensions | 44.6x165 |
| Foundation Area | 2356 |
| Road Frontage Type | City Street |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 55404
Price
Taxes
Visits
Year Built
In The Neighborhood
Minneapolis
$ 549,900
- Type
- Multi-Family
- Size
- 3,224 SqFt
- Rooms
- 6 Beds + 2 Baths
Coldwell Banker Realty
Minneapolis
$ 489,900
- Type
- Multi-Family
- Size
- 1,882 SqFt
- Rooms
- 7 Beds + 2 Baths
Keller Williams Integrity RE
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Updated on May 31, 2024 10:31 AM UTC
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West Central Association Of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
