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Presented By: RE/MAX Results
Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!
Presented By: RE/MAX Results
Above Grade Finished Area2406
BasementFull, Unfinished
Basement (Y/N)Yes
Below Grade Finished Area0
FuelNatural Gas
Garage Dimensions22 X 20
Garage Door Width7
Garage Square Feet440
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
Directions30th Ave NE to California St
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces2
Gross Income
HeatingBaseboard, Ductless Mini-Split, Forced Air
High School DistrictMinneapolis
Insurance Expense2500
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense0
OwnerPaysInsurance, Sewer, Taxes
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameNorthtown Add
Tax Annual Amount3516
Tax Year2024
Tenant PaysCable TV, Electricity, Gas
Trash Expense0
Water Sewer Expense1920
Year Built1900
Zoning DescriptionResidential-Multi-Family
Building Area Total3594
FencingChain Link, Wood
Foundation Area1194
Lot Dimensions40 X 128
Lot Size Area0.12
Parking FeaturesDetached
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
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