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Active NEW!
$319,900
/mo   Edit
MLS# 5012995
4028 Chicago Avenue
Minneapolis, MN 55407
Multi-family  /  Duplex - Up & Down
2,706 fin sqft  /  0.12 acres
Built 1923  /  Minneapolis schools
Info: 763-576-8286
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    Description:   MUST SEE for investors! Nice condition with mostly cosmetic repairs needed. More info available for extended repairs needed. Removed carpet at entrance to show the hardwood underneath the carpet and linoleum placed. Beautiful original woodwork, ample living space, work shop/storage area in basement, ample storage, automatic garage doors, separate deck for each unit, finished basement with egress, newer windows in top unit, large walk-in closet for lower master. Income estimated. Selling as-is.
    List Price: $319,900
    Price/sq ft: $118
    Property Type: Multi-family
    Listing Status: Active
    Contingency: None
    Property Style: Duplex - Up & Down
    Year Built: 1923
    Neighborhood/Area: Bryant
    City: Minneapolis
    Zip Code: 55407

    Interior

    Fin Sq Ft / Living Area: 2,706 ft²
    Above Ground Living: 2,106 ft²
    Below Ground Living: 600 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit
    Basement Details: Full, Finished (Livable), Egress Windows

    Exterior

    Heating System: Baseboard, Hot Water, Boiler
    Foundation Size: 1,053 ft²
    Fencing: Chain Link
    Road Frontage: City, Paved Streets, Curbs, Sidewalks
    Handicap Accessible: None
    Exterior Material: Stucco
    Garage Spaces: 2
    Roof Details: Asphalt Shingles

    Lot

    Acres: 0.12
    Construction Status: Previously Owned
    Lot Description: Tree Coverage - Light, City Bus (w/in 6 blks)
    Latitude: 44.92958800
    Longitude: -93.26287500
    Lot Size Dim.: 43x121
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: None
    Annual Fuel Expense: None
    Annual Insurance Expense: None
    Annual Maintenance Expense: None
    Annual Repair Expense: None
    Annual Gross Expense: None
    Total Annual Expenses: None
    Annual Trash Expense: None
    Annual Water/Sewer Expense: None
    Owner Expenses: Taxes, Insurance, Water/Sewer
    Tenant Expenses: Electric, Fuel

    Financial & Taxes

    Tax Year: 2018
    Annual Taxes: $3,870
    Assessment Pending: No
    Taxes w/ Assessments: $2,870

    Income

    Annual Gross Income: 31200.00

    Rent

    Unit 1 Monthly Rent: None
    Unit 2 Monthly Rent: None

    Unit

    Total Units: 2

    Miscellaneous

    Fuel System: Natural Gas
    Homestead: Yes
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected

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    Get to know our Home Mortgage Professionals

    Richard
    Smyth
    TruStone
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    Richard Smyth
    Area Sales Manager
    TruStone Home Mortgage NMLS#422593
    Richard Smyth joined TruStone Home Mortgage as a Mortgage Consultant in 2015. With nearly 10 years of experience in the mortgage industry, he has the skills to guide borrowers through the home buying process with ease. With a bachelor's degree in finance from the National University of Ireland Maynooth and a background as a financial advisor, Richard knows the ins-and-outs of financing and will help you get from contract to close. Away from work, Richard spends his time playing music, enjoying the outdoors and spending time with his family.
    763-270-4334

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