Classic Minneapolis stucco fourplex with four one bedroom, one bath apartments available for a new owner! The front has traditional brown shutters, vintage 1920's styling and a red entry awning. Inside, strip oak hardwood floors, arched plaster openings, cast iron radiators heated by gas boilers and Art-Deco windows run through the apartments, with dark stained woodwork in many living and dining rooms. Bathrooms have white tile, glass block windows and pedestal sinks. Unit 1 is vacant and has ceiling fans, a white steel kitchen with vintage built-in drainboard sink as well as recently refinished floors. Behind the building are a fenced back yard and a three-stall garage, with spaces renting separately, plus one additional assigned parking space. All garage spaces and additional parking is currently leased. Each unit has a private basement storage room, and the building has coin laundry. Tenants pay their own gas and electric. The owner pays water, sewer and trash. Four more storage rooms and a pet fee are not in current income. Units 2 to 4 are leased into 2027. This would also make an excellent property to "house hack" with owner living in the vacant unit and having the other Units pay a considerable portion of the payment every month! This property is just a short walk from the 38th Street LRT station for easy commuting. Lake Hiawatha with its walking paths and the golf course are nearby, along with Northbound Smokehouse & Brew Pub, Key West Coffee and Aluvava gluten-free bakery! Don't miss the opportunity to own a great investment property in the very desirable Minneapolis Standish neighborhood!
| MLS # | 7151695 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 8 |
| Listing Provided By | RE/MAX Results | Taylor Doolittle |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,000 |
| Garage | 3 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.11 |
| Heating | Hot Water |
|---|
| Roof | Age 8 Years or Less |
|---|---|
| Lot Features | Public Transit (w/in 6 blks) |
| Parking Features | Assigned, Detached Garage, Asphalt |
|---|
| Property | 9490 |
|---|
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55406 |
| Area | 73 |
| Community Name | Subd Altruria Lots 1 To 5 & 12 |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Subd Altruria Lots 1 To 5 & 12) | |
Price: $614,990 low | high Med: $487,490 sqft: 3,000 low | high Med: 2,142 $ / sqft: $205 low | high Med: $243 On site: 8 low | high Med: 22 | |
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55406 |
| Area | 73 |
| Community Name | Subd Altruria Lots 1 To 5 & 12 |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Subd Altruria Lots 1 To 5 & 12) | |
Price: $614,990 low | high Med: $487,490 sqft: 3,000 low | high Med: 2,142 $ / sqft: $205 low | high Med: $243 On site: 8 low | high Med: 22 | |