1123 N 25th Avenue
Minneapolis, MN 55411
MLS #4910912

Multi-Family
  • 2units
  • 4beds
  • 0.09acres
  • 1,492sq ft
$171,000
Est. P&I payment: $653.1/mo
1123 N 25th Avenue, Minneapolis, MN 55411
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Description for 1123 N 25th Avenue, Minneapolis, MN 55411
Excellent Turn-key Investment property with great income. Walk in to cash flow! $950/month each unit= $22,800 Gross Annual Income! Tenants pay own utilities. Well-maintained with current rental license. Lots of off-street parking. Upper unit month-month, so owner occupied buyers, this can work for you too!
MLS #4910912
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My Notes for MLS #4910912

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.09
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot
  • Lot Dimensions: 39x96
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Vinyl
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Uncovered/Open,​Driveway - Concrete
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 1,492
  • Handicap Accessible: None
  • Basement: Full
  • Above Ground Finished SqFt: 1,492
  • Unit 1 B1 Dimensions: 12x11
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 10x10
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • UNIT1_Ex-1 Dimensions: 5x5
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Foyer
  • Unit 1 Kitchen Dimensions: 12x10
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 13x13
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Total Rooms: 6
  • Unit 1 Finished Square Footage: 856
  • Unit 2 Bedroom 1 Dimensions: 12x11
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 10x10
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Kitchen Dimensions: 14x12
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 12x12
  • 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: 856

Utilities Features

  • Water: City Water/Connected
  • Fuel: Electric
  • Heating: Baseboard
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 2 Appliances: Range,​Refrigerator
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 11,400
  • Annual Gross Income: 22,800
  • Annual Insurance Expense: 1,500
  • Annual Gross Expense: 6,000
  • Total Annual Expenses: 7,416
  • Annual Water/Sewer Expense: 3,000
  • Unit 1 Monthly Rent: 950
  • Unit 2 Annual Rent: 11,400
  • Unit 2 Monthly Rent: 950
  • Tax Amount: 1,415
  • Tax With Assessments: 1,415
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Jordan
  • Postal City: Minneapolis (MN)

School Features

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

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 856
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
Street View Not Available
Directions to 1123 N 25th Avenue, Minneapolis, MN 55411
Broadway to Emerson, north to 25th, west to property on SE corner of 25th & Fremont.
The listing information for 1123 N 25th Avenue, Minneapolis, MN 55411 was graciously provided by our friends at the listing brokerage, RE/MAX Results

Get Financing for 1123 N 25th Avenue, Minneapolis, MN 55411

Summit Mortgage
Kevin Lee
17323 U.S. Highway 10 (Suite B)
Elk River, MN 55330
(763) 421-0548 Office
(612) 889-2511 Mobile
(763) 592-8000 Fax
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P&I Payment $653.1
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Last Updated 04/26/2018 at 7:57am
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