3405 Minnehaha Avenue, Minneapolis, MN 55406 | MLS 5672552 | Listing Information | BHHS Advantage - Owatonna Real Estate

3405 Minnehaha Avenue,  Minneapolis MN, 55406

(Active)
$385,000
|
2,279 sqft
|
MLS# 5672552
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Last Updated: 10/20/2020 5:51 AM
Description for 3405 Minnehaha Avenue Minneapolis, MN 55406
Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an investor. Solid rent history. Owners lived in the property until recently & completed many updates including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2 car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn, lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to increase FSF as both the basement and the third floor have promise to either be separate units or additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).
Price
$385,000
Howe
Hennepin
2,279 (approx)
5672552
Active
Description
Fantastic S MPLS location. Large corner lot. Mechanically sound & updated duplex is perfect for owner occupant or an investor. Solid rent history. Owners lived in the property until recently & completed many updates including refinishing hardwood floors, kitchen/bath in upper level unit, windows throughout, repaired stucco, boilers, gutters & recent landscaping. See supplement for details & dates. Many updates throughout. See supplement for details. Lots of natural light in both units, 2 car garage. Current rents = $1480 for Unit 1(lease expires 7/31/21) and $1640 ($50 less for snow/lawn, lease expires 5/31/21) for Unit 2(in unit laundry). The best part of this just may be the potential to increase FSF as both the basement and the third floor have promise to either be separate units or additions to the current units. Plenty of possibilities for the handy owner or savvy investor. Tenants pay utilities, owners pay insurance ($2,880/year), water/sewer ($1080/year).
Listing Information
Property Type: Multi-Family, 2 Story
12 0.15 Acres 2,279 (approx)
1912 1,208 Sq. Ft. Yes-2 spaces
2 Stucco
Howe
2,279 Sq. Ft. (approx)
1208
City Water/Connected
City Sewer/Connected
Yearly
None
Neighborhood
School Information
District: Minneapolis
Room Information
Unit 1 - Main, Main, Unit 2 - Upper, Upper
Unit 1 - Living Room, Unit 2 - Living Room
Dining Room
Interior Features
2,279 Sq. Ft. Above Ground
Unit 1 - Range,Refrigerator, Unit 2 - Range,Refrigerator
Other
Gas Heat
Full,Block
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, 2 Covered Parking Spaces, Detached,Concrete,Garage Door Opener
Stucco
Asphalt, Rolled, Hot Mop
W 81x157x9x140
Residential-Multi-Family
Chain Link
Irregular Lot
Driving Directions
Hiawatha South to 35th St E (E) to Minnehaha (N) to home
Financial Considerations
$4,920

Minneapolis Real Estate

Minneapolis is located in Minnesota. Minneapolis, Minnesota 55406 has a population of 417,625.

The median household income in Minneapolis, Minnesota 55406 is $54,896. The median household income for the surrounding county is $60,003 compared to the national median of $50,013. The median age of people living in Minneapolis 55406 is 38 years.

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Courtesy: RE/MAX Advantage Plus
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The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice.
This content last refreshed on 10/20/2020 5:51 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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