819 Ne 24th Ave Minneapolis, MN 55418 (Sold)

$625,000 N/A N/A
Price Bedrooms Bathrooms
Price did not change before being sold on 1/8/2020
Status: Sold

MLS #: 5330193

Triplex Sq. Feet: 3480
Date Sold: 1/8/2020 Lot Size: N/A
Neighborhood: See All Properties for Sale in East Side Add
Click Map to Enlarge
This Rare North East Minneapolis Triplex is one of the most successful vacation rentals in Minneapolis with income earning potential over $100,000! This property can perform well as a triplex rental investment property or an AirBnB cash machine, or some combination of both, you choose! Only 1 block away from Lowry & Central which is packed with Restaurants, Shops, and Entertainment. The 3- Stories Contain, 3 Remodeled, Professionally Painted, and Designed Apartments. Two 3 bedrooms units, and a 1 bedroom all with New Kitchen Appliances, Custom Countertops & Cabinets. Refinished Wood Flooring, New Tile Flooring, and Custom Designed Lighting. Recent Major Improvements Include: (3) forced air furnaces, (3) Water Heaters, Roof, Siding, & Windows. The property frequently is featured in Magazines, Photos Shoots, & Music Videos! Buyer has first right at lot next door!
Year Built: 1900
Stories: Two
Style: Triplex
Construction Materials: Vinyl Siding
Roof: Asphalt
Basement: Full
Unit 1: 3 beds, 1 bath. Rent: $0
Unit 2: 3 beds, 1 bath. Rent: $0
Unit 3: 1 bed, 1 bath. Rent: $0
Heating: Forced Air
Fuel: Natural Gas
Finished Sq. Ft.
Above Grade 2980
Below Grade 500
Total 0
Lot Dimensions: 39X129
Garage Spaces: 2
Sewer: City Sewer - In Street
Water: City Water - In Street
Directions: Central to 24th, West to property
County: Hennepin
Tax Year: 2019
Tax Annual Amount: $6, 888
Water / Sewer Expense: $2, 934
Maintenance Expense: $8, 250
Fuel Expense: $1, 479
Electric Expense: $1, 413
Insurance Expense: $2, 655
Gross Income: $119, 061
Association Amenities: Coin-op Laundry Owned
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Listing Information Last Updated 8/11/2020
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Property Summary

819 Ne 24th Ave
Minneapolis, MN 55418

MLS®: 5330193

List Price: $625,000


MLS # 5330193: This property at 819 Ne 24th Ave, Minneapolis, MN 55418 is located in the East Side Add subdivision and is listed for $625,000. MLS # 5330193 has been on the market for 274 days.