3209 S 2nd Avenue
Minneapolis, MN 55408
MLS #4893638

Multi-Family
  • 2units
  • 6beds
  • 0.2acres
  • 2,744sq ft
$269,900
Est. P&I payment: $1030.84/mo
Share  
Description for 3209 S 2nd Avenue, Minneapolis, MN 55408
Excellent investment opportunity! Great cash flow. Oversized lot with plenty of parking. Beautiful natural woodwork. Great storage for both units. Laundry in basement. Upper unit is two stories with 4 beds and 3 bathrooms, with two outside balconies. Lower unit is a 2 bed, 1 bath with a 3 season porch. Upper Tenant handles snow/lawn care. Upper unit rents for $1,450, lower unit rents for $1,200. Convenient location near 35W, E Lake St and close to Uptown. See Virtual Tour for Floorplan.
MLS #4893638
Tour This Property In Person
Request a Showing
 

My Notes for MLS #4893638

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1904
  • Acres: 0.2
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 69x127
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Metal
  • Road Frontage: City
  • Parking Characteristics: Detached Garage,​Uncovered/Open,​Driveway - Shared
  • Garage Stalls: 1
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 2,744
  • Handicap Accessible: None
  • Basement: Full
  • Above Ground Finished SqFt: 2,744
  • Unit 1 Amenities: Porch,​Natural Woodwork,​Kitchen Window,​Hardwood Floors
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Separate/Formal Dining Rm
  • Unit 1 Dining Room Level: Main (Ground)
  • Unit 1 Num Fireplaces: 1
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 1,139
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Bedroom 3 Level: Third
  • Unit 2 Bedroom 4 Level: Third
  • Unit 2 three Quarter Bath: 1
  • Unit 2 Bath Characteristics: ,​,​
  • Unit 2 Full Bath: 1
  • Unit 2 Half Bath: 1
  • Unit 2 Total Baths: 3
  • Unit 2 Number of Bedrooms: 4
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 7
  • Unit 2 Finished Square Footage: 1,605

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water
  • Unit 1 Appliances: Range,​Refrigerator,​Freezer
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Refrigerator,​Freezer
  • Unit 2 Air: None
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 14,400
  • Annual Gross Income: 31,800
  • Annual Insurance Expense: 1,600
  • Annual Gross Expense: 6,000
  • Total Annual Expenses: 6,000
  • Unit 1 Monthly Rent: 1,200
  • Unit 2 Annual Rent: 17,400
  • Unit 2 Monthly Rent: 1,450
  • Tax Amount: 3,345
  • Tax With Assessments: 3,454
  • Tax Year: 2017
  • Tenant Expenses: Electric

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Central
  • Postal City: Minneapolis (MN)
  • Complex/Development/Subd: Central

School Features

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

Misc Features

  • Amenities - Shared: Coin-op Laundry Owned,​Coin-op Laundry Leased
  • Construction Status: Previously Owned
  • Foundation Size: 1,322
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
Street View Not Available
Directions to 3209 S 2nd Avenue, Minneapolis, MN 55408
35W to 36th St (E), then North on 2nd Ave to Home.
The listing information for 3209 S 2nd Avenue, Minneapolis, MN 55408 was graciously provided by our friends at the listing brokerage, Coldwell Banker Burnet

Get Financing for 3209 S 2nd Avenue, Minneapolis, MN 55408

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
Request Mortgage Information
($ or %)
%
P&I Payment $1030.84
Request More Listing Information
Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Realty Metro's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Realty Metro, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
Copyright 2017 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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. Real estate listings held by brokerage firms other than EXIT Realty Metro are marked with the Broker Reciprocity SM logo or the Broker Reciprocity SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

View EULA | View Digital Millennium Copyright Act (DMCA) Notice
Last Updated 12/12/2017 at 9:27pm
Agent Login    |    Powered by Onjax
Create Free Account or
Chris Deutsch
By using our site, users agree
to the terms and privacy policy
Equal Housing Opportunity Realtor MLS
Sign-In or