$450,000
Minneapolis, MN 55408
MLS# 6123593
Status: Closed
6 beds | 4 baths | 2486 sqft
1 / 32
Property Description
Charming up/down two unit duplex in prime Lowry Hill East, “The Wedge” location. A great investment property. The main floor unit combined with the garden level boasts wonderful space. The combined levels offers a spacious living room, dining room, kitchen, sunroom, two bedrooms, ¾ bathroom on the main level, and a family room, second kitchen, two ¾ bathrooms, and a large workshop area in the walkout garden level. Original hardwood floors, woodwork, details, and stained glass windows in main level unit. The second floor unit has a large living room, dining room, kitchen, sunroom, three bedrooms, and a full bathroom. Original hardwood floors and woodwork throughout the second floor unit. Front and back entrances for each unit. Shared coin laundry in lower level. Spacious backyard for entertaining. Walk to shops, restaurants, entertainment, transportation, city lakes and more. Duplex was recently appraised for $450,000.
Details
Maps
None
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2022-03-25
Contingency: None
Current Price: $450,000
Closed Date: 2022-04-01
Original List Price: 450000
ListPrice: 450000
Sales Close Price: 450000
List Date: 2021-11-04
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Bath Full: 1
Bath Three Quarters: 3
Baths Total: 4
Main Floor Total SqFt: 897
Above Ground SqFt: 2073
Below Grd Total SqFt: 413
Total SqFt: 2486
FireplaceYN: No
Foundation Size: 1064
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2486.00
Lot Dimensions: 40X129
Acres: 0.12
Assessment Pending: No
Location, Tax and Other Information
Legal Description: HARRISONS 2ND ADDN TO MPLS LOT 2 BLK 3.
Map Page: 106
Municipality: Minneapolis
Rental License?: Yes
School District Phone: 612-668-0000
House Number: 2702
Street Name: Emerson
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
Country: US
County: Hennepin
State: MN
Zip Code: 55408
Zip Plus 4: 1232
Map Coordinate Source: King's Street Atlas
Property ID Number: 3302924420054
Tax Year: 2021
In Foreclosure?: No
Tax Amount: 2021
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Charming up/down two unit duplex in prime Lowry Hill East, “The Wedge” location. A great investment property. The main floor unit combined with the garden level boasts wonderful space. The combined levels offers a spacious living room, dining room, kitchen, sunroom, two bedrooms, ¾ bathroom on the main level, and a family room, second kitchen, two ¾ bathrooms, and a large workshop area in the walkout garden level. Original hardwood floors, woodwork, details, and stained glass windows in main level unit. The second floor unit has a large living room, dining room, kitchen, sunroom, three bedrooms, and a full bathroom. Original hardwood floors and woodwork throughout the second floor unit. Front and back entrances for each unit. Shared coin laundry in lower level. Spacious backyard for entertaining. Walk to shops, restaurants, entertainment, transportation, city lakes and more. Duplex was recently appraised for $450,000.
Directions: HENNEPIN AVE TO 27TH ST GO EAST TO EMERSON.
Assessments
Tax With Assessments: 8635.6
Building Information
Finished SqFt Above Ground: 2073
Finished SqFt Below Ground: 413
Income and Expenses
Annual Gross Expenses: 30432
Annual Gross Income: 33960
Annual Maintenance Expense: 250
Annual Net Income: 1503
Annual Repair Expense: 250
Annual Trash Expense: 625
Annual Water/Sewer Expense: 900
Misc Monthly Income: 125.25
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Y
FIPS Code: 27053
Homestead: No
Ownership
Fractional Ownership: No
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned; Deck; Patio
Basement: Daylight/Lookout Windows; Egress Windows; Finished (Livable); Full; Storage Space; Walkout
Construction Status: Previously Owned
Exterior: Stucco
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Hot Water
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium
Neighborhood Name: Lowry Hill East
No. of Ranges: Three
No. of Refrigerators: Three; Two
Parking Characteristics: Other
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Roof: Asphalt Shingles
Sewer: City Sewer/Connected
Shared Rooms: Other
Stories: Two
Water: City Water/Connected
Listing Office: Coldwell Banker Realty
Last Updated: April - 05 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
