2511 1st Avenue S, Minneapolis, MN 55404

$1,050,000.00
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BEDS0 BATHS SQUARE FEET6,817 MLS#6153427
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGeo Galpins Add SCHOOLMinneapolis

Property Description

Come check out this great property! Location is ideal, located close to MCAD in the Stevens Square neighborhood, walking distance to shops & restaurants. This property has 4 units; two on the lower level with 3bd/1ba, one on the second level with 5bd/2ba and one on the third level with 4bd/2ba. Units each contain their own boiler and gas & electric meters. Also, the option to add a non-conforming 5th unit in the basement. Roughed-in with plumbing, electrical, heat and an egress window. This is a great investment property with potential to increase rent should the owner complete more upgrades. A MUST SEE!

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished, Full, Partially Finished
Days on Market: 90
Heating: Hot Water
Lot Size: 0.14 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $10,398
Year Built: 1910

Feature Descriptions

Exterior: Brick/Stone, Stucco, Vinyl Siding
Foundation Size: 2080
Lot Dimensions: 46x127
Owners Expense: Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Water
Parcel#: 3402924130074
Parking: Concrete, Unassigned, Open
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: RE/MAX Results
Agency Phone: 612-314-1520

Shown By

Agency Title: Real Estate Masters
Agency Phone:

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Estimated Payment

$ 5,579.94 per month $4,407.19 Principal & Interest $866.50 Property Tax $306.25 Homeowner's Insurance

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