2726-28 Chicago Avenue Minneapolis, MN 55407 (Pending)

$429,900 N/A N/A
Price Bedrooms Bathrooms
Price has dropped 9.5% since 10/16/2022 Price History
Status: Pending

MLS #: 6267010

Apartment Sq. Feet: N/A
On Site: 161 Days Lot Size: 0.12 Acres
Neighborhood: See All Properties for Sale in Phillips West
Click Map to Enlarge
This is a perfect opportunity to acquire Naturally Occurring Affordable Housing and a great candidate for the 4D Tax Program to optimize cash flow.
The property has been in the owner's family for generations and has been routinely maintained with no vacancy in the past 4+ years due to long-term tenants. Major capital items are replaced as needed
and are performing. The units are charming with long-term tenants, kitchens and bathrooms were improved in the mid-2000s and have hardwood floors with lots of storage space. Units have large closets and additional storage in the basement.
Patio/Porch Type: Rear Porch
Garage Dimensions: 1(1 sq.ft.)
Garage Door: 1 ft. wide X 1 ft. tall
Cooling: Window Unit(s)
Heating: Boiler
Fuel: Natural Gas
Lot Size: 0.12 Acres
Lot Dimensions: 41x123
Garage Spaces: 1
Parking Features: Parking Lot
Utilities: Electric Common, Heating Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Residential-Multi-Family
Directions: 35W to E 28th St, go east to Chicago avenue, go north on Chicago avenue, property will be on your left.
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land
Tax Year: 2023
Tax Annual Amount: $7, 320
Gross Income: $59, 760
Name Email Phone Currently working with one of our agents? Anti spam Question 9 + 4 = Send Inquiry
Listing Information Last Updated 3/25/2023
© Copyright 2023 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 Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
 Loading Similar Listings
Property Summary

2726-28 Chicago Avenue
Minneapolis, MN 55407

MLS®: 6267010

List Price: $429,900


MLS # 6267010: This property at 2726-28 Chicago Avenue, Minneapolis, MN 55407 is located in the Phillips West subdivision and is listed for $429,900. MLS # 6267010 has been on the market for 160 days.