Price Reduction
Address
4952 Aldrich Avenue S, Minneapolis, MN
Price
$ 674,700
Property Attributes
  • ID#6475656
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaAuditors Sub 190
  • NeighborhoodAuditors Sub 190
  • Zip55419
  • StyleDuplex Up and Down
  • Year Built1926
  • Taxes$ 7438
  • Price$ 674,700
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage3152
  • Lot Size0.15 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

This spacious and beautiful craftsman-era duplex presents an incredible owner-occupant investment opportunity. You'll love the natural woodwork, built-ins, hardwood floors, wood-burning fireplaces, and the abundance of natural light throughout. 2024: NEW Architectural Shingle Roof on Duplex and Exterior Paint. Main Floor Unit has Forced Air/Central Air, Second-floor unit offers boiler/radiator heat and mini-split cooling. Upstairs the original third bedroom has been opened up to create a sunny reading room/ home office. The lower level offers three bedrooms. The large attic space and the unfinished basement offer an abundance of additional storage and equity-building potential. Located within this highly sought-after, south Minneapolis location, there are several popular restaurants and a quaint coffee shop within steps of your front door. Check out 'George and the Dragon', 'The Malt Shop', and 'ShortWave Coffee'. Could this be the home that you have been waiting for?

Price History
5/19/2024 Listed $674,900
6/7/2024 1% - $674,700

General Features

Sewer City Sewer/Connected
Heating Boiler,Forced Air
Roof Age 8 Years or Less,Asphalt,Pitched
Garage Spaces 2
Construction Materials Brick/Stone,Stucco
Year Built 1926
Electric Circuit Breakers
Levels Two
Property SubType Duplex Up and Down
Tax Year 2023
Gross Income 44880
Accessibility None
County Hennepin
Insurance Expense 4645
New Construction No
Property Type Residential Income
Contingency None
MaintenanceExpense 3234
Subdivision Name Auditors Sub 190
Directions Lyndale Avenue to 49th Street,West to Aldrich Avenue,South to home.
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
NumberOfUnitsTotal 2
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 7438
Electric Expense 4800
Fuel Expense 3600
Water Sewer Expense 2280
Additional Parcels Y/N No
Days on Market 17
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 3152
Fuel Natural Gas
Garage Square Feet 240

Exterior Features

Fencing None
Parking Features Detached,Garage Door Opener
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.15
Lot Dimensions 48 x 135
Foundation Area 1576
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 55419

Price
AVG $580K
$670K
Taxes
AVG $8,013
$7,438
Visits
AVG 107
196
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1926

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