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Active
Listed
$349,900
/mo   Edit
MLS# 5244223
1108 16th Avenue SE
Minneapolis, MN 55414
Multi-family    Duplex Other
Built 1910
2,022 fin sqft    0.12 acres
Minneapolis schools
Info: 612-309-0884
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    Description:   Great income property close to U of M! Many capital improvements. Fully leased, tenants pay utilities! Also comes furnished, and the gross rent currently exceeds $30, 000/year
    List Price: $349,900
    Price/sq ft: $173
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex Other
    Year Built: 1910
    Neighborhood/Area: Como
    City: Minneapolis
    Zip Code: 55414

    Interior

    Fin Sq Ft / Living Area: 2,022 ft²
    Above Ground Living: 1,812 ft²
    Below Ground Living: 210 ft²
    Basement Details: Full, Egress Windows

    Exterior

    Heating System: Hot Water
    Foundation Size: 798 ft²
    Handicap Accessible: None
    Exterior Material: Brick/Stone
    Garage Spaces: 0
    Roof Details: Asphalt Shingles, Pitched

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Latitude: 44.99108900
    Longitude: -93.22910100
    Lot Size Dim.: 40x131
    Dev/Complex Name: Elwells Add

    Schools

    School District: 1 - Minneapolis
    District Phone: 612-668-0000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: $3,849
    Total Annual Expenses: $3,849
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $4,574
    Assessment Pending: Unknown
    Taxes w/ Assessments: $4,574

    Income

    Annual Gross Income: 30240.00

    Rent

    Unit 1 Monthly Rent: $2,520

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: No
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Chrissy
    Von Itter
    Movement
    Richard
    Smyth
    TruStone
    Jeff
    Zajac
    TruStone
    Chrissy Von Itter
    Senior Loan Officer
    Movement Mortgage NMLS#642509
    Whether you're buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you're dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer, I have the knowledge you need to explore the many financing options available. Ensuring that you make the right choice for you and your family is my ultimate goal, and I am committed to providing my customers with mortgage services that exceed their expectations. After you've applied, I'll call you to discuss the details of your loan, or you may choose to set up an appointment with me using my online form. As always, you may contact me anytime by phone, fax or email for personalized service and expert advice. I look forward to working with you.
    612-227-1895

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    Listing provided by RMLS, courtesy of Coldwell Banker Burnet