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Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $144
Subdivision J S & W Elliots Add
MLS Listing ID 6456545
Year Built 1900
Annual Tax Amount $3,557
Tax Year 2023
Lot Size 6,969 Sqft
Property Description
Classic 1900 building with gorgeous built ins and hardwood floors offers an affordable lifestyle with the tenant paying part of your mortgage. This home was owner-occupied for many years. Owner occupied both up & downstairs spaces. Both units are currently 2 bedroom, 1 bathroom, and the upper could be a 3 bedroom by converting the office and one of the living rooms. Lower unit has a lovely ornate fireplace. Large yard. Per Rentometer Pro report Average rent for 2 bedroom units in the area are $1500, and 3 bedroom units average $1800. This property would make an excellent addition to your investment portfolio. There is currently no driveway, off street parking with oversized gate in back yard is the way to go! The solar panels help with saving on
utility costs (2022 costs Mpls utility (water, sewer, trash) $1512.61. Xcel (Electric) $946.50 Centerpoint (Gas) 1597.61. Amenities, parks, and transport nearby. This home is as beautiful in person as it is in the pictures, a must see!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler
Exterior
Garage Driveway - Other Surface, On-Street Parking Only
Fence Chain Link
Roof Type Architecural Shingle
Building
Story More Than 2 Stories
Foundation 1122
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Wood Siding
New Construction false
Schools
School District Minneapolis
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