For more information on this property, contact Pat Doherty at 763-219-2553 or info@totalREsuccess.com

1401 Morgan Avenue N
Minneapolis, Minnesota MN 55411
Sold For: $350,000
Listing ID 6141230
Status Closed
Sold Date 2/28/2022
SqFt 3,024
Acres 0.140
Subdivision Rosedale Park
Year Built 1926

Property Description:

Amazing investment or owner occupant opportunity in this well maintained up down duplex. Classic features include Classic wood trim, hardwood floors and beautiful brick fireplaces. Granite Kitchen Renovations. Updated roof(2018), mechanicals, plumbing and electricals(2009) mechanicals and more. Current leases at $1350 per unit are month to month to allow for flexibility for new owner. Both tenants would like to stay.

Primary Features

County: Hennepin
Property Sub Type: Duplex Up and Down
Property Type: Residential Income
Subdivision: Rosedale Park
Year Built: 1926

Interior

Above Grade Finished Area: 3024
Basement: Unfinished
Heating: Forced Air
Levels: Two
Number of Ranges: Two
Number of Refrigerators: Two
Number Of Units Total: 2
Shared Rooms: Play Area

External

Construction Materials: Stucco
Foundation Area: 1616
Fuel: Natural Gas
Garage Dimensions: 22x22
Garage Door Height: 7
Garage Spaces: 2
Garage Square Feet: 484
Lot Features: Corner Lot, Tree Coverage - Medium
Lot Size Dimensions: 50.3x125.4
Lot Size Units: Acres
Neighborhood: Willard - Hay
Parking Features: Detached, Asphalt
Road Frontage Type: City Street
Roof: Age 8 Years or Less, Asphalt
Sewer: City Sewer/Connected
Water Source: City Water/Connected

Location

High School District: Minneapolis
Postal City: Minneapolis
Public Survey Range: 24
Public Survey Section: 16
Public Survey Township: 29
School District Number: 1
Zoning Description: Residential-Multi-Family

Additional

Accessibility Features: None
Down Payment Resource: Y
Rental License: yes
Yearly/Seasonal: Yearly

Financial

Assessment Pending: No
Contingency: None
Gross Income: 32400
Insurance Expense: 3000
Operating Expense: 5600
Owner Pays: Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
Rental License Type: Standard
Tax Annual Amount: 3471
Tax With Assessments: 3471.0000
Tax Year: 2021
Tenant Pays: Electricity, Fuel, Grounds Care

Zoning Info


Area Info


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Contact - Listing ID 6141230

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Pat Doherty

1076 West County Rd B, Suite 103
Roseville, MN 55113
United States
Phone: 763-219-2553

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