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Call (763) 576-8286 for assistance
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2800 37th Avenue S Minneapolis
Sold
Sold
$499,900 (list price)
$496,000
MLS# 5659968
Multi-family / Duplex Side by Side
Built 1928
2,843 fin sqft
Minneapolis schools
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Description: Located in the high demand Longfellow neighborhood across from a park, this one and a half story duplex offers 3 bedrooms, 2 baths with a finished basement on one side, with 2 bedrooms, 1 bath on the other. Fully updated and turn-key, including the kitchens, baths, new LVP flooring, and carpets. Both sides have been consistently rented, and been a great income producing property at $2, 075 for the 3 BR unit, and $1, 600 for the 2 BR unit. The 3 bedroom unit is available now, while the 2 bedroom unit is leased through July 2021. Live in one side or rent out both units for a great income opportunity!
List Price:
$499,900
Sold Price:
$496,000
Sold Date:
01/04/2021
Price/sq ft:
$176
Property Type:
Multi-family
Listing Status:
Sold
Contingency:
None
Property Style:
Duplex Side by Side
Year Built:
1928
Neighborhood/Area:
Longfellow
City:
Minneapolis
County:
Hennepin
State:
MN
Zip Code:
55406
Interior
Fin Sq Ft / Living Area:
2,843 ft²
Above Ground Living:
2,143 ft²
Below Ground Living:
700 ft²
Basement Details:
Full, Finished, Unfinished
Exterior
Heating System:
Forced Air
Foundation Size:
1,400 ft²
Fencing:
Wood, Full
Road Frontage:
City Street
Handicap Accessible:
None
Exterior Material:
Stucco
Garage Spaces:
2
Roof Details:
Age Over 8 Years
Lot
Acres:
0
Lot Description:
Tree Coverage - Light, Public Transit (w/in 6 blks)
Latitude:
44.95179114
Longitude:
-93.21947442
Lot Size Dim.:
49X128
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$2,502
Annual Maintenance Expense:
None
Annual Gross Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Tenant Expenses:
Fuel, Electricity, Cable TV
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$6,937
Assessment Pending:
No
Taxes w/ Assessments:
$6,937
Income
Annual Gross Income:
$44,100
Misc. Annual Income:
None
Misc. Monthly Income:
None
Rent
Unit 1 Monthly Rent:
$2,075
Unit 2 Monthly Rent:
$1,600
Unit
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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TruStone
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Jeff Zajac
Area Sales Manager
TruStone Home Mortgage NMLS#373627
Jeff Zajac joined the Mortgage Lending Services team in 2014. With more than 10 years experience in the mortgage industry, Jeff is an expert in VA, FHA, conventional and construction loans. Jeff was one of the top five producers in the state of Minnesota in 2013. Jeff holds a bachelor's degree in economics and business administration from Augsburg College and participates in the Real Estate Investment Professionals business networking group. In his free time, Jeff spends his days as a youth hockey referee and coach.
763-270-4336
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Listing provided by RMLS,
courtesy of Lakes Sotheby's International Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.