1427 NE Monroe Street
Minneapolis, MN 55413
MLS #4916405

Multi-Family
  • 2units
  • 5beds
  • 0.11acres
  • 2,408sq ft
Pending Sale $320,000
Est. P&I payment: $1222.18/mo
1427 NE Monroe Street, Minneapolis, MN 55413
  • 1427 NE Monroe Street, Minneapolis, MN 55413 Photo 1
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  • 1427 NE Monroe Street, Minneapolis, MN 55413 Photo 9
  • 1427 NE Monroe Street, Minneapolis, MN 55413 Photo 10
  • 1427 NE Monroe Street, Minneapolis, MN 55413 Photo 11
  • 1427 NE Monroe Street, Minneapolis, MN 55413 Photo 12
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Description for 1427 NE Monroe Street, Minneapolis, MN 55413
Fantastic NE Arts District location! Spacious units with leaded glass, refinished maple floors, original woodwork and working pocket doors. Huge upside potential of cosmetic renovation on 2nd level or finishing large open attic as ADU. Walk to 42 restaurants and bars within 2 miles. 3rd full bath in basement.
MLS #4916405
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My Notes for MLS #4916405

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1906
  • Acres: 0.11
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: City Bus (w/in 6 blks)
  • Lot Dimensions: 40x127
  • Status: Pending
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Cement Board
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 2
  • Roof: Asphalt Shingles,​Pitched,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 2,408
  • Handicap Accessible: None
  • Basement: Unfinished
  • Above Ground Finished SqFt: 2,408
  • Unit 1 Amenities: Porch,​Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Tile Floors
  • Unit 1 B1 Dimensions: 19x8
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 10x10
  • Unit 1 B2 Level: Main (Ground)
  • Unit 1 B3 Dimensions: 9x13
  • 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: 15x13
  • Unit 1 Dining Room Level: Main (Ground)
  • UNIT1_Ex-1 Dimensions: 10x7
  • UNIT1_Ex-1 Level: Main (Ground)
  • Unit 1 Ex-1 Name: Foyer
  • Unit 1 Total Expenses: 1
  • Unit 1 Kitchen Dimensions: 11x13
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 12x12
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Total Rooms: 7
  • Unit 1 Finished Square Footage: 1,294
  • Unit 2 Amenities: Porch,​Natural Woodwork,​Kitchen Window,​Tile Floors
  • Unit 2 Bedroom 1 Dimensions: 9x10
  • Unit 2 Bedrrom 1 Level: Upper
  • Unit 2 Bedroom 2 Level: 12x12
  • 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: 12x12
  • Unit 2 Dining Room Level: Upper
  • Unit 2 Ex-1 Dimensions: 9x7
  • Unit 2 Ex-1 Level: Upper
  • Unit 2 Ex-1 Name: Walk-In Closet
  • Unit 2 Ex-2 Dimensions: 13x14
  • Unit 2 Ex-2 Level: Upper
  • Unit 2 Ex-2 Name: Office
  • Unit 2 Ex-3 Dimensions: 5x7
  • Unit 2 Ex-3 Level: Upper
  • Unit 2 Ex-3 Name: Pantry (Walk-In)
  • Unit 2 Kitchen Dimensions: 12x12
  • Unit 2 Kitchen Level: Upper
  • Unit 2 Living Room Dimensions: 13x10
  • Unit 2 Living Room Level: Upper
  • Unit 2 Number of Units: 1
  • Unit 2 Parking Spaces: 1
  • Unit 2 Total Rooms: 6
  • Unit 2 Finished Square Footage: 1,114

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: Window
  • Unit 2 Appliances: Range,​Refrigerator
  • Unit 2 Air: Window
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 14,400
  • Annual Gross Income: 28,800
  • Annual Insurance Expense: 1,800
  • Annual Maintenance Expense: 2,400
  • Annual Repair Expense: 500
  • Annual Gross Expense: 6,200
  • Total Annual Expenses: 6,200
  • Annual Trash Expense: 600
  • Annual Water/Sewer Expense: 900
  • Unit 1 Monthly Rent: 1,200
  • Unit 2 Annual Rent: 8,400
  • Unit 2 Monthly Rent: 700
  • Tax Amount: 3,899
  • Tax With Assessments: 4,179
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel

Community Features

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

School Features

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

Misc Features

  • Amenities - Shared: None
  • Construction Status: Previously Owned
  • Foundation Size: 1,294
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 1427 NE Monroe Street, Minneapolis, MN 55413
Broadway St NE to Monroe and go north on Monroe, property on right
The listing information for 1427 NE Monroe Street, Minneapolis, MN 55413 was graciously provided by our friends at the listing brokerage, RE/MAX Results

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(Jane Johanns) Market Place Home Mortgage
Jane Johanns
13700 Reimer Drive N Ste 100
Maple Grove, MN 55311
(763) 432-4656 Office
(612) 868-9339 Mobile
(763) 201-9088 Fax
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P&I Payment $1222.18
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Last Updated 04/20/2018 at 1:04pm
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