$590,000 Price Analysis    ♡   Minneapolis, MN 55408 3 bed 4 bath 2,762 SqFt ($213/SqFt) 5,153SqFt lot. Built 1900 Listed 2024-03-08, Taxes $9,538 | Ⓧ USDA Ineligible due to location near Minneapolis |
Rare craftsman up/down triplex in Uptown Minneapolis.
This property has had the same owner for 20 years. It has been used as a rental property by a good landlord and t has been well maintained. It is always rented with good tenants. It has an excellent rental history. It is fully rented. The floor plans are original, except the third floor apartment, it was added later. The location is excellent, near all the new development in the city and sidewalk restaurants and cafes in the most vibrant part of Uptown.
The wood detail in the apartments is original quarter-sawn oak. The original apartments have always been rented as three bedroom apartments. There are two original bedrooms, the third bedroom is the front sunroom with French doors. This has been an excellent source of income for retirement. The triplex is low-maintenance and has been a joy to manage.
Presented by Gregory Lawrence at
HomeAvenue Inc.
Property MLS #6499624 from NorthstarMLS
Heating Fuel: Natural Gas
Fencing: Wood
Road Responsibility: Public Maintained Road
Lot Description: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Acres: 0.1183
Lot Size Dimensions: 39x130
Lot Size Square Feet: 5153
Association Amenities: Coin-op Laundry Owned, Deck, Porch
Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1800.00
Tenant Pays: Broadband, Cable T.V., Electric, Fuel
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Hennepin
Directions: 35 W to the :ale street exit, go 8 blocks west to Pleasant Ave. At Pleasant Avenue go right (north) to 2706, between 27th and 28th Street on the left.
Tax Year: 2023
Source Property Type: Multi-Family
Insurance Expense: 3700.00
Source Neighborhood: Whittier
Owner Pays: Insurance, Lawn, Maintenance/Repair, Snow, Taxes, Trash, Water/Sewer
Parcel Number: 3402924320155
Subdivision: Menages 3rd Add
Zoning: Residential-Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $413,000 + $134,000 $547,000 | $9,538 |
| 2021 | $447,600 + $98,900 $546,500 | $9,194 |
| 2020 | $440,100 + $65,900 $506,000 | $9,215 |
| 2019 | $394,100 + $65,900 $460,000 | $8,628 |
| 2018 | $348,600 + $65,900 $414,500 | $7,601 |
| 2017 | $323,600 + $59,900 $383,500 | $7,186 |
| 2016 | $293,600 + $59,900 $353,500 | $6,826 |
| 2015 | $244,100 + $59,900 $304,000 | $6,152 |
| 2014 | $204,600 + $59,900 $264,500 | $5,757 |
| 2013 | $204,600 + $59,900 $264,500 | $5,788 |
| 2012 | $215,100 + $59,900 $275,000 | $5,854 |
| 2011 | $227,100 + $59,900 $287,000 | $5,828 |
| 2010 | $227,100 + $59,900 $287,000 | $5,093 |
| 2009 | $276,100 + $59,900 $336,000 | $6,020 |
| 2008 | $286,900 + $57,900 $344,800 | $5,580 |
| 2007 | $261,100 + $38,800 $299,900 | $4,980 |
Above Grade Finished Area: 2762
Construction Materials: Frame
Foundation Area: 1680.00
Property Age: 124
Property Condition: Previously Owned
Roof: Asphalt Shingles, Pitched
Levels or Stories: 2
Total Above Grade Sqft Area: 2762.00
Total Area Main: 1200.00
Total Below Grade Area: 1200.00
Sewer: City Sewer/Connected
Water Sewer Expense: 3000.00
Water Source: City Water/Connected
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.