$405,000
$385,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
3405 Minnehaha AVE Minneapolis, MN 55406
2,279 SqFt
Key Details
Sold Price $405,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,279 sqft
Price per Sqft $177
MLS Listing ID 5672552
Sold Date 12/11/20
Year Built 1912
Annual Tax Amount $4,920
Tax Year 2020
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions W 81x157x9x140
Property Sub-Type Duplex Up and Down
Property Description
Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an
investor. Solid rent history. Owners lived in the property until recently & completed many updates
including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired
stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2
car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn,
lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to
increase FSF as both the basement and the third floor have promise to either be separate units or
additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants
pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Block, Full
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Detached, Concrete, Garage Door Opener
Garage Spaces 2.0
Fence Chain Link
Roof Type Age Over 8 Years,Asphalt,Rolled/Hot Mop
Building
Lot Description Irregular Lot
Story Two
Foundation 1208
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP
GET MORE INFORMATION