2517 Aldrich Avenue
Minneapolis, MN 55411
MLS #4875651

Multi-Family
  • 2units
  • 5beds
  • 0.13acres
  • 2,176sq ft
$159,900
Est. P&I payment: $610.71/mo
2517 Aldrich Avenue, Minneapolis, MN 55411
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Description for 2517 Aldrich Avenue, Minneapolis, MN 55411
With large BRs and living area this is a great investment opportunity. Live in main level and have upstairs renter pay most of the mortgage or rent the whole thing for great cash flow. This is a high demand rental are $1,100 for 3 RB main and $900 for 2 BR upper will be easy to get. Separate Forced air Furnaces and Electric. Owner is responsible for Water and Sewer. Both units have access to basement with shared laundry and extra storage. All appliances included.
MLS #4875651
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My Notes for MLS #4875651

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.13
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Tree Coverage - Light
  • Lot Dimensions: 37x156
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Stucco
  • Fencing: Partial
  • Road Frontage: City,​Paved Streets
  • Parking Characteristics: Driveway - Gravel
  • Roof: Asphalt Shingles,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 2,176
  • Handicap Accessible: None
  • Basement: Full
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 2,176
  • Unit 1 Amenities: Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 14x13
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 12x11
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 B3 Dimensions: 15x07
  • Unit 1 B3 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 3
  • Unit 1 Dining Room: Separate/Formal Dining Rm
  • Unit 1 Dining Room Dimensions: 07x07
  • Unit 1 Dining Room Level: Main (Ground)
  • Unit 1 Kitchen Dimensions: 12x08
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 16x12
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Special Rooms: Main Floor Laundry,​3 BR on One Level,​All Living Fac. on One Level
  • Unit 1 Total Rooms: 6
  • Unit 1 Finished Square Footage: 1,088
  • Unit 2 Amenities: Kitchen Window,​Hardwood Floors
  • Unit 2 Bedroom 1 Dimensions: 14x11
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 15x08
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Separate/Formal Dining Rm
  • Unit 2 Dimensions: 15x12
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Kitchen Dimensions: 15x11
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 14x13
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Parking Spaces: 1
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 1,088

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Exhaust Fan/Hood,​Refrigerator,​Washer,​Dryer
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Exhaust Fan/Hood,​Dishwasher,​Washer,​Dryer
  • Unit 2 Air: None
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 13,200
  • Annual Gross Income: 2,400
  • Annual Insurance Expense: 1,000
  • Annual Maintenance Expense: 400
  • Annual Repair Expense: 400
  • Annual Gross Expense: 3,600
  • Total Annual Expenses: 3,700
  • Annual Trash Expense: 360
  • Annual Water/Sewer Expense: 1,440
  • Unit 1 Monthly Rent: 1,100
  • Unit 2 Annual Rent: 10,800
  • Unit 2 Monthly Rent: 900
  • Tax Amount: 1,603
  • Tax With Assessments: 1,603
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Hawthorne
  • Postal City: Minneapolis (MN)
  • Complex/Development/Subd: Hawthorne

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,050
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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2517 Aldrich Avenue N Minneapolis, MN 55411
The listing information for 2517 Aldrich Avenue, Minneapolis, MN 55411 was graciously provided by our friends at the listing brokerage, Bridge Realty, LLC

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Steven Nelson
MN
763-218-0451 Office
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763-390-3138 Fax
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P&I Payment $610.71
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Last Updated 09/23/2017 at 11:18am
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