Price Reduction
Address
2621 2nd Avenue S Minneapolis, MN
Price
$ 775,000
Property Attributes
  • ML#5608051
  • TypeContingent
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaNasons Sub Of Lts Corsons Add
  • NeighborhoodWhittier
  • Zip55408
  • Style(MF) Four Plex
  • Year Built1914
  • Taxes8078
  • Price$ 775,000
  • Bedrooms12
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5750
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Edina Realty, Inc.
Property Description

Classic South Minneapolis brick 4Plex! All units identical. Great opportunity to own close to Eat Street/MCAD, close to LynLake Uptown area and DT. Plenty of night life and entertainment within walking distance. Convenient transportation and rare large parking lot, can park 8 cars if double up. One fully renovated unit being kept vacant for Owner Occupant opportunity. Big ticket upgrades that have already been done to the building: new roof, windows replaced and wrapped, Tuck pointing, wired for fiber optic internet, and upgraded electrical and plumbing. This is a turnkey property with no large CAP X expenses to worry about in a very rentable area.

Price History
6/15/2020 Listed $800,000
7/2/2020 4% - $775,000

General Features

Annual Gross Income 1.00
Basement Unfinished
Complex/development/subd Nasons Sub Of Lts Corsons Add
Construction Status Previously Owned
Contingency Inspection
Cumulative Days on Market 29
DPR Eligible No
Handicap Accessible None
Has Supplements 1
Homestead No
Municipality Minneapolis
Neighborhood Whittier
Potential Short Sale No
Present Use Yearly
Property Type MF
School District 1 - Minneapolis
Status Active
Style (MF) Four Plex
Tax Year 2020
Total Number of Units 4
Year Built 1914
Zoning Residential-Multi-Family

Interior Features

Above Ground Finished Sq 3836
Below Ground Finished Sq 1914
Fuel Natural Gas
Heating Boiler
Number Of Unit 1
Total Bathrooms 4
Total Finished SqFt. 5750
Unit 1 Bath Full 1
Unit 1 Finished Square Footage 1100
Unit 1 Number Of Units 1
Unit 1 Total Baths 1
Unit 1 Total Expenses 1
Unit 1 Total Rooms 6
Unit 2 Annual Rent 18000
Unit 2 Finished Square Footage 1100
Unit 2 Full Bath 1
Unit 2 Number Of Bedrooms 3
Unit 2 Number Of Units 1
Unit 2 Total Baths 1
Unit 2 Total Expenses 1
Unit 2 Total Rooms 6
Unit 2 Unit Number 2
Unit 3 Annual Rent 18000
Unit 3 Finished Square Footage 1100
Unit 3 Number Of Units 1
Unit 3 Total Baths 1
Unit 3 Total Expenses 1
Unit 3 Total Rooms 6
Unit 3 Unit Number 3
Unit 4 Annual Rent 18000
Unit 4 Finished Square Footage 1100
Unit 4 Full Baths 1
Unit 4 Number Of Units 1
Unit 4 Total Baths 1
Unit 4 Total Expenses 1
Unit 4 Total Rooms 6
Unit 4 Unit Num 4

Exterior Features

Lender Owned No
Unit 1 Bedrooms 3
Unit 1 Monthly Rent 1500
Unit 2 Monthly Rent 1500
Unit 3 Bedrooms 3
Unit 3 Full Baths 1
Unit 3 Monthly Rent 1500
Unit 4 Bedrooms 3
Unit 4 Monthly Rent 1500
Acres 0.150
Exterior Brick/Stone
Foundation Size 1914
Roof Flat
Sewer City Sewer/Connected
Water City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55408

Price
AVG $490K
$780K
Taxes
AVG $8,111
$8,078
Visits
AVG 14
47
Year Built
AVG 1920
1914

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