Address
5212 Bloomington Avenue, Minneapolis, MN
Price
$ 589,000
Property Attributes
  • ID#6526481
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaThorpe Bros 09th Add
  • NeighborhoodThorpe Bros 09th Add
  • Zip55417
  • StyleTriplex
  • Year Built1952
  • Taxes$ 5327
  • Price$ 589,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2464
  • Lot Size4,792 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Fantastic triplex in a premium location. Blocks from Lake Nokomis, Triangle Park, and some of the area's best restaurants, coffee shops, breweries, and more. Each unit is 1 bedroom, 1 bathroom, and open concept kitchen/dining with separate furnaces and utilities. Two car garage, shared laundry and storage units in the basement. Strong rents and extremely low vacancy due to high demand location. Great long term investment in a strong location! Two units fully rented, one vacant. Excellent opportunity to live in one unit and have the other two pay down a huge part of your mortgage.

Price History
5/8/2024 Listed $589,000

General Features

Sewer City Sewer/Connected
Heating Forced Air
Roof Asphalt,Pitched
Garage Spaces 2
Construction Materials Shake Siding
Year Built 1952
Tenant Pays Electricity,Gas
Levels Split Entry (Bi-Level)
Property SubType Triplex
Tax Year 2023
OwnerPays Sewer,Trash Collection
Accessibility None
County Hennepin
New Construction No
Property Type Residential Income
Association Amenities Coin-op Laundry Owned,Common Garden,Concrete Floors & Walls
Contingency None
Subdivision Name Thorpe Bros 09th Add
Directions 50th & Minnehaha Pkwy to Bloomington,South to home
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 3
Street Name Bloomington
Land Lease Y/N No
Tax Annual Amount 5327
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement Daylight/Lookout Windows,Finished,Full,Walkout
Basement (Y/N) Yes
Above Grade Finished Area 1232
Street Suffix Avenue
Below Grade Finished Area 1232
Fuel Natural Gas

Exterior Features

Fencing Partial
Parking Features Detached,Concrete,Garage Door Opener,Units Vary
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.11
Lot Dimensions 40x123
Lot Size Units Acres
Foundation Area 1232
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks

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 55417

Price
AVG $520K
$590K
Taxes
AVG $4,297
$5,327
Visits
AVG 87
72
Data Provided by Inside Real Estate®
Year Built
AVG 1926
1952

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