Minneapolis, MN 55414

$499,500
3,475
SqFt
List Price
$499,500
MLS#
5028162
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Side X Side
Living Area
3,475
Acres
0.25
Subdivision
Prospect Park-East River Road
Neighborhood
Prospect Park - East River Road
Year Built
1956

Property Description

Rare opportunity to add a large duplex to your portfolio for rental income in Prospect Park. Unit 1915 has had updates to both baths & kit & within walking distance of dining, shopping, services, & other attractions along University Ave. Excellent investment potential. Great location! Occupancy has been 100%! During routine city inspection tenants had someone living in the family room (a bed) which is a violation per the city. You will see a sign on door.

Additional Information

School District
Minneapolis
Amenities Shared
Patio, Common Garden
Tax Amount
$5,707
Tax Year
2018
Total Num Units
2
Annual Gross Income
49800
Construction Status
Previously Owned
Fuel
Natural Gas
Lot Description
Corner Lot
Sewer
City Sewer/Connected
Exterior
Wood, Stucco, Cement Board
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
Full, Finished (Livable), Drain Tiled, Sump Pump, Day/Lookout Windows
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX Advantage Plus.

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