Property Attributes
- ID#6527634
- TypeMulti-Family
- CountyHENNEPIN
- CityMinneapolis
- AreaAnderson Douglas & Co 1st Add
- NeighborhoodAnderson Douglas & Co 1st Add
- Zip55405
- StyleTriplex
- Year Built1924
- Taxes$ 8297
- Price$ 625,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage3210
- Lot Size0.12 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
This well-maintained, beautiful, classic triplex in Uptown Minneapolis is only for sale because the seller has moved. This property was in good condition when the current owner purchased it and then made many improvements, including a new roof, fascia, windows, gutters, french drains, a high-end professional paint job, and more. The seller was planning on holding for years. It is always rented with good tenants. It has an excellent rental history. Currently, it has two units rented with the first floor available for owner occupant or ready for a new tenant. The floor plans are original, with the 1st and 2nd floor units having the same layout and condition. 4 off-street parking spots are available behind the Tri-plex. The location is excellent, near new redevelopment in the city, lakes, restaurants and cafes in the vibrant part of Uptown. This has been an excellent source of income, with tenants paying all utilities. The triplex is low-maintenance and has been a joy to manage.
Price History | |
---|---|
5/3/2024 | Listed $650,000 |
6/5/2024 | 4% - $625,000 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Baseboard,Boiler |
Roof | Age 8 Years or Less,Architecural Shingle |
Construction Materials | Stucco |
Year Built | 1924 |
Electric | Circuit Breakers |
Tenant Pays | All Utilities |
Levels | Two |
Property SubType | Triplex |
Tax Year | 2023 |
Gross Income | 57780 |
Accessibility | None |
County | Hennepin |
New Construction | No |
Property Type | Residential Income |
Contingency | None |
Subdivision Name | Anderson Douglas & Co 1st Add |
Directions | From Hennepin Ave S go east on 25th Street W for 2 blocks,turn right on Dupont |
City | Minneapolis |
Buyer Agent Compensation | 2.50 |
High School District | Minneapolis |
NumberOfUnitsTotal | 3 |
Lot Size Units | Acres |
Land Lease Y/N | No |
Tax Annual Amount | 8297 |
Additional Parcels Y/N | No |
Days on Market | 33 |
Standard Status | Active |
Lender Owned | No |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement | Egress Window(s),Partially Finished |
---|---|
Basement (Y/N) | Yes |
Above Grade Finished Area | 2568 |
Below Grade Finished Area | 642 |
Foundation Dimensions | 30x50 |
Fuel | Natural Gas |
Exterior Features
Parking Features | Gravel |
---|---|
Water Source | City Water/Connected |
Lot Size Area | 0.12 |
Lot Dimensions | 129x40 |
Foundation Area | 1500 |
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