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Property Attributes
- ID#6528507
- TypeMulti-Family
- CountyHENNEPIN
- CityMinneapolis
- AreaForest Heights
- NeighborhoodForest Heights
- Zip55411
- StyleDuplex Up and Down
- Year Built1900
- Taxes$ 2310
- Price$ 225,000
- Bedrooms3
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1231
- Lot Size0.13 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
TURN-KEY INCOME PROPERTY ON A HUGE LOT IN JORDAN! This property sets on a fully fenced double-wide lot. $30,000 gross annual income. The upper level 1-bedroom is tenant-occupied on a 1-year lease @ $1175/month. The 2-bedroom unit is vacant, so this home is available for owner-occupant buyers! Pay the majority of your mortgage with rental income!
Price History | |
---|---|
5/1/2024 | Listed $225,000 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Baseboard,Forced Air |
Roof | Pitched |
Construction Materials | Other |
Year Built | 1900 |
Tenant Pays | Cable TV,Electricity,Gas |
Levels | Two |
Property SubType | Duplex Up and Down |
Tax Year | 2024 |
Gross Income | 30300 |
OwnerPays | Sewer,Taxes,Trash Collection |
Accessibility | None |
County | Hennepin |
Operating Expense | 6770 |
Insurance Expense | 1800 |
New Construction | No |
Property Type | Residential Income |
Contingency | None |
Subdivision Name | Forest Heights |
Directions | SW Corner of N 26th Ave and Newton. |
City | Minneapolis |
Buyer Agent Compensation | 2.50 |
High School District | Minneapolis |
Zoning Description | Residential-Multi-Family |
NumberOfUnitsTotal | 2 |
Lot Size Units | Acres |
Land Lease Y/N | No |
Tax Annual Amount | 2310 |
Water Sewer Expense | 2400 |
Additional Parcels Y/N | No |
Standard Status | Active |
Lender Owned | No |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement | Full,Unfinished |
---|---|
Basement (Y/N) | Yes |
Above Grade Finished Area | 1231 |
Fuel | Electric,Natural Gas |
Exterior Features
Fencing | Chain Link,Full |
---|---|
Lot Features | Corner Lot |
Water Source | City Water/Connected |
Lot Size Area | 0.13 |
Lot Dimensions | 63x91 |
Foundation Area | 705 |
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