405 E 35th Street Minneapolis, MN 55408

Down Payment Assistance may be available
$935,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 8/12/2022
Status: Active

MLS #: 6248287

Quadruplex Sq. Feet: 5148
On Site: 53 Days Lot Size: N/A
Neighborhood: See All Properties for Sale in Central
DESCRIPTION
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Very well maintained large four-plex with 3 - 3Br/1Ba and 1- 2Br/1Ba units. Fully rented with excellent tenants! Create instant cash flow with this turnkey rental property. Large 1,100-1,200 sqft apartments with 10'&12' ceilings, exposed brick entry with historical charm, granite countertops, hardwood floors, & tile. Major 2022 renovations include new exterior paint, half roof fully replaced, all seams/edges reinforced on remaining half, new carpeting, 2 new hot water tanks (2 others only 4 years old), added fiber optic internet, & vents cleaned. One AC unit and range replaced two years ago. All units have own furnace & central AC. 4 off street paved parking spaces. Two commercial grade coin operated washers & dryers in basement. Corner lot with bus stop for easy access without a vehicle. Potential expansion w/ 2,600 sqft full ceiling height basement. Full 2010 renovation included updated plumbing, electrical & added handicap accessible unit.
ARCHITECTURE
Year Built: 1912
Stories: Two
Style: Quadruplex
Construction Materials: Brick/Stone, Stucco
Finished Above Grade Sq.Ft.: 5148
Finished Total Sq.Ft.: 5148
Total Above Grade Sq.Ft.: 5148.0000
Total Main Sq.Ft.: 2564.0000
Total Below Grade Sq.Ft.: 2564.0000
Total Sq.Ft.: 7712.00
Roof: Age 8 Years or Less, Flat, Rubber
Basement: Daylight/Lookout Windows, Full, Owner Access, Shared Access, Stone/Rock, Storage Space, Unfinished
FEATURES / AMENITIES
Approx. Sq. Ft.: 5148
Accessibility Features: Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Wheelchair Ramp(s), Roll-In Shower
Garage Dimensions: 0 sq.ft.
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Dimensions: 129.4x42.3
Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Parking Features: Paved, Unassigned
Sewer: City Sewer/Connected
Water: City Water/Connected
Electric: Circuit Breakers, 200+ Amp Service
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road Responsibility: Public Maintained Road
Fencing: Chain Link, Wood
Zoning: Residential-Multi-Family
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Tax Year: 2022
Tax Annual Amount: $9, 301
Water / Sewer Expense: $4, 800
Electric Expense: $1, 000
Insurance Expense: $4, 753
Manager Expense: $600
Gross Income: $75, 600
Association Amenities: Coin-op Laundry Owned
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Listing Information Last Updated 10/3/2022
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Property Summary

405 E 35th Street
Minneapolis, MN 55408

MLS®: 6248287

List Price: $935,000

Description:

MLS # 6248287: This property at 405 E 35th Street, Minneapolis, MN 55408 is located in the Central subdivision and is listed for $935,000. MLS # 6248287 has been on the market for 52 days.