2809 27th Avenue S Minneapolis, MN 55406 (Sold)

$691,000 N/A N/A
Price Bedrooms Bathrooms
Price dropped by 16.2% before being sold sold on 7/15/2022
Status: Sold

MLS #: 6182261

Quadruplex Sq. Feet: 3410
Date Sold: 7/15/2022 Lot Size: 0.17 Acres
Neighborhood: See All Properties for Sale in Longfellow
DESCRIPTION
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A classic South Minneapolis fourplex with original charm and recently freshened amenities. Two-bedroom, one-bathroom units boasting 10' ceilings, gleaming hardwood floors and original turn of the century-built ins and wood detail. Each unit was fully renovated in 2021 with stainless steel appliances and in-unit laundry in the lower units. Roof replaced in fall of 2020. Shared laundry and 4 lockable storage units in the basement. Large fenced in backyard and off-street parking for 4+ vehicles. 3 leased units including a furnished short term rental unit that will transfer to the new owner. 1 unit currently vacant for owner occupant and showings but can be filled for new owners if they prefer. Gross rents of $6,345/ month. New Target, Cub, Raising Canes, Wells Fargo are one block away many other new developments nearby primed for future growth. Great option for owner occupant or investor.
ARCHITECTURE
Year Built: 1914
Stories: Two
Style: Quadruplex
Construction Materials: Stucco
Finished Above Grade Sq.Ft.: 3410
Finished Total Sq.Ft.: 3410
Total Above Grade Sq.Ft.: 3410.0000
Total Main Sq.Ft.: 1755.0000
Total Below Grade Sq.Ft.: 1755.0000
Total Sq.Ft.: 5165.00
Roof: Age 8 Years or Less, Flat, Rubber
Basement: Unfinished
FEATURES / AMENITIES
Approx. Sq. Ft.: 3410
Garage Dimensions: 0 sq.ft.
Heating: Baseboard, Boiler, Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.17 Acres
Lot Dimensions: 48x157
Parking Features: Gravel
Sewer: City Sewer/Connected
Water: City Water/Connected
Directions: From Lake street turn North on 27th Ave. Property will be 2 blocks on your right.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Tax Year: 2021
Tax Annual Amount: $7, 130
Water / Sewer Expense: $3, 960
Maintenance Expense: $1, 000
Insurance Expense: $2, 600
Manager Expense: $2, 400
Gross Income: $76, 140
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Listing Information Last Updated 9/25/2022
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Property Summary

2809 27th Avenue S
Minneapolis, MN 55406

MLS®: 6182261

List Price: $691,000

Description:

MLS # 6182261: This property at 2809 27th Avenue S, Minneapolis, MN 55406 is located in the Longfellow subdivision and is listed for $691,000. MLS # 6182261 has been on the market for 158 days.