1008 Morgan Avenue N, Minneapolis, MN 55411

$410,000
4,030
SqFt
Sold Price
$410,000
List Price
$495,000
Closing Date
Mar 21, 2022
MLS#
6146681
Status
CLOSED
Type
Multifamily
Style
(MF) Duplex Up and Down
Living Area
4,030
Acres
0.13
Subdivision
Oak Park Add
Neighborhood
Near - North
Year Built
1920

Property Description

Great Investment Opportunity!!! This Duplex is a consider a 4D housing property, it counts with a total of 13 bedrooms throughout both levels. From those 13 units there is currently 11 of them currently rented. Each tenant currently is paying $650 a month for rent besides 1 that pay $600, $50 is waived for maintaining upper level clean. Just about 70% of monthly rent is paid by each tenants' subsidy directly to owner. Property counts with potential of finishing basement and turning it into a Triplex, it is Zoned to be able to make into triplex. Owner pays for all utilities including Water/trash/electricity/Gas.

Additional Information

School District
Minneapolis
Tax Amount
$1,780
Tax Year
2021
Fuel
Natural Gas
Sewer
City Sewer/Connected
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
Full
Dp Resource
Yes

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Listing courtesy of Renters Warehouse. Selling Office: .

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