$278,100
$270,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
1647 Penn AVE N Minneapolis, MN 55411
2,617 SqFt
Key Details
Sold Price $278,100
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,617 sqft
Price per Sqft $106
Subdivision Eastlawn Add
MLS Listing ID 5296060
Sold Date 11/12/19
Year Built 1913
Annual Tax Amount $2,148
Tax Year 2019
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x128
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!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Block, Daylight/Lookout Windows, Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Other, Unassigned
Roof Type Asphalt,Pitched
Building
Lot Description Tree Coverage - Medium
Story More Than 2 Stories
Foundation 1367
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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