405 E 35th Street , Minneapolis, MN 55408

$935,000.00
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BEDS0 BATHS SQUARE FEET5,148 MLS#6248287
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONClinton Ave Add SCHOOLMinneapolis

Property Description

Very well maintained large four-plex with 3 - 3Br/1Ba and 1- 2Br/1Ba units. Fully rented with excellent tenants! Create instant cash flow with this turnkey rental property. Large 1,100-1,200 sqft apartments with 10'&12' ceilings, exposed brick entry with historical charm, granite countertops, hardwood floors, & tile. Major 2022 renovations include new exterior paint, half roof fully replaced, all seams/edges reinforced on remaining half, new carpeting, 2 new hot water tanks (2 others only 4 years old), added fiber optic internet, & vents cleaned. One AC unit and range replaced two years ago. All units have own furnace & central AC. 4 off street paved parking spaces. Two commercial grade coin operated washers & dryers in basement. Corner lot with bus stop for easy access without a vehicle. Potential expansion w/ 2,600 sqft full ceiling height basement. Full 2010 renovation included updated plumbing, electrical & added handicap accessible unit.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Daylight/Lookout Windows, Full, Owner Access, Shared Access, Stone/Rock, Storage Space, Unfinished
Days on Market: 50
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Age 8 Years or Less, Flat, Rubber
Taxes: $9,301
Year Built: 1912

Feature Descriptions

Accessibility: Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Wheelchair Ramp(s), Roll-In Shower
Exterior: Brick/Stone, Stucco
Foundation Size: 2564
Lot: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Dimensions: 129.4x42.3
Owners Expense: Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0302824410220
Parking: Paved, Unassigned
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
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: HomeAvenue - FSBO
Agency Phone: 952-929-7355

Shown By

Agency Title: Real Estate Masters
Agency Phone:

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Estimated Payment

$ 4,972.29 per month $3,924.50 Principal & Interest $775.08 Property Tax $272.71 Homeowner's Insurance

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