Sold: Nov 12, 2019
Address
1647 Penn Avenue N Minneapolis, MN
Price
$ 278,100
Property Attributes
  • ID#5296060
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • Zip55411
  • Style
  • Price$ 278,100
  • Bedrooms6
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2617
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
Keller Williams Preferred Rlty
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Large Duplex where both units are 3 bed/1bath, with the potential for a third 1 bed/1bath in attic space. Located on a bus line and backs up to a park. Upper unit is vacant, the lower unit will be vacating with in the month. Average monthly rent for 3-bed units in the area is $1350/month. Room for 4 car off-street parking. Rare central air for both units. All utilities are split (two furnaces, two AC units, 2 water heaters, 2 electric). Attic space is walled and electric already run. With a little more work you could have a third 1bed/1bath unit (avg rent of $953/month). Great for an investment property or to owner occupy. This is a must-see opportunity!

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55411

Price
AVG $290K
$280K

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