Minneapolis, MN 55411 2523 Newton Avenue N
$225,000
6 more
Presented By: eXp Realty
Beds • 3
Baths • 2
SQFT • 1,231
Home Details
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!
Presented By: eXp Realty
Interior Features for 2523 Newton Avenue N
Other Interior Features
Above Grade Finished Area1231
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area
FuelElectric, Natural Gas
General for 2523 Newton Avenue N
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsOther
ContingencyNone
CountyHennepin
DirectionsSW Corner of N 26th Ave and Newton.
Electric Expense
Fuel Expense
Garage Spaces
Gross Income30300
HeatingBaseboard, Forced Air
High School DistrictMinneapolis
Insurance Expense1800
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense6770
OwnerPaysSewer, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofPitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameForest Heights
Tax Annual Amount2310
Tax Year2024
Tenant PaysCable TV, Electricity, Gas
Trash Expense0
Water Sewer Expense2400
Year Built1900
Zoning DescriptionResidential-Multi-Family
Exterior for 2523 Newton Avenue N
FencingChain Link, Full
Foundation Area705
Lot Dimensions63x91
Lot FeaturesCorner Lot
Lot Size Area0.13
Water SourceCity Water/Connected
Additional Details
Price History
David Pope
Realtor® MN and WI