Minneapolis, MN 55404 2524 Portland Avenue
$650,000
5 more
Presented By: Keller Williams Integrity Realty
SQFT • 3,424
Home Details
Turn key six unit building in excellent location. Solid and steady performer with 1 eff, 3 one bed and 2 two bed units. Heat, electric and AC are fully separated: tenants pay all heat and electricity including hot water heat (six separate hot water heaters!). Mini splits with AC are in all units. Newer roof and siding, electric replaced in 2020. Units fully updated and historically easy to rent. All tenants month to month.
Presented By: Keller Williams Integrity Realty
Interior Features for 2524 Portland Avenue
Other Interior Features
Basement (Y/N)No
FuelElectric
General for 2524 Portland Avenue
AccessibilityNone
Additional Parcels Y/NNo
AppliancesRange, Refrigerator
Association AmenitiesCoin-op Laundry Owned
CityMinneapolis
Construction MaterialsVinyl Siding
ContingencyNone
CoolingDuctless Mini-Split
CountyHennepin
Current UseResidential
DirectionsOne way south from franklin
Garage Spaces
Gross Income47400
HeatingBaseboard, Ductless Mini-Split
High School DistrictMinneapolis
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
NumberOfUnitsTotal6
OwnerPaysInsurance, Janitorial Service, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeApartment
Property TypeCommercial Sale
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusActive
Tax Annual Amount5688
Tax Year2024
Tenant PaysElectricity
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Year Built1885
Zoning DescriptionBusiness/Commercial
Exterior for 2524 Portland Avenue
Building Area Total3424
Foundation Area1570
InclusionsBuilding
Lot Dimensions55x125
Lot Size Area0.16
Parking FeaturesNone
Road Frontage TypeCity Street
Water SourceCity Water - In Street
Additional Details
Price History
Blake Ogle
Realtor® MN