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Presented By: Realty ONE Group Choice
This large 2-unit duplex on a corner lot is a fantastic investment opportunity! The property features refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the basement, plus convenient access from inside the main floor unit for extra storage or use. The basement also has exterior access with potential to add another unit someday.
The property has updated vinyl windows and a 2-stall garage with ample parking adding to the property's appeal. Both units are fully occupied with long-term tenants, and it meets the 1 percent rule, making it a smart choice for investors. The location is ideal with easy access to the bus line and just a 10-minute drive to downtown.
The main level unit is 4 bed 1 bath, and the upper unit is a 3 bed 1 bath, total is 7 beds and 2 bath.
Don’t miss this opportunity to own a well-maintained duplex in a great area. Contact us today to schedule a showing!
Presented By: Realty ONE Group Choice
Above Grade Finished Area2010
BasementUnfinished
Basement (Y/N)Yes
Below Grade Finished Area0
Foundation Dimensions30.5x21.5
FuelNatural Gas
Garage Dimensions20x24
Garage Square Feet480
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsOther
ContingencyNone
CountyHennepin
Directions94 East to Lyndale Ave. South on Lyndale, right on 44th left on Aldrich, home is on your right.
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income42600
HeatingBaseboard, Forced Air
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense3000
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameS W Ponds Add
Tax Annual Amount4334
Tax Year2024
Tenant PaysElectricity, Gas
Trash Expense1000
Water Sewer Expense2000
Year Built1904
Building Area Total2665
FencingChain Link
Foundation Area655
Lot Dimensions134x68
Lot Size Area0.19
Parking FeaturesDetached
Water SourceCity Water/Connected
Broker MN and WI