For more information regarding the value of a property, please contact us for a free consultation.
1008 Morgan AVE N Minneapolis, MN 55411
Want to know what your home might be worth? Contact us for a FREE valuation!
Nicole Biczkowski
nicolebiczkowskibroker@chime.meOur team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,030 sqft
Price per Sqft $101
Subdivision Oak Park Add
MLS Listing ID 6146681
Sold Date 03/21/22
Year Built 1920
Annual Tax Amount $1,780
Tax Year 2021
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 42x126
Property Description
Great Investment Opportunity!!! This Duplex is a consider a 4D housing property, it counts with a total of 13 bedrooms throughout both levels. From those 13 units there is currently 11 of them currently rented. Each tenant currently is paying $650 a month for rent besides 1 that pay $600, $50 is waived for maintaining upper level clean. Just about 70% of monthly rent is paid by each tenants' subsidy directly to owner. Property counts with potential of finishing basement and turning it into a Triplex, it is Zoned to be able to make into triplex. Owner pays for all utilities including Water/trash/electricity/Gas.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Building
Story Two
Foundation 2015
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
Read Less
GET MORE INFORMATION
Nicole Biczkowski