$534,500
$500,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
1920 1st AVE S Minneapolis, MN 55403
2,826 SqFt
Key Details
Sold Price $534,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,826 sqft
Price per Sqft $189
Subdivision Jackson Daniels & Whitneys Add
MLS Listing ID 5349933
Sold Date 02/13/20
Year Built 1900
Annual Tax Amount $6,071
Tax Year 2019
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 50x135
Property Description
Beautiful opportunity to purchase as an owner occupant and pay for a majority of your mortgage via the leased units. For investment minded individuals, this property has a 0% vacancy rate with consistent leases. Over $100K in improvements have been made and top unit (penthouse) has been fully remodeled. Furnace was also replaced in the last year or two. All units are very well maintained. Established airbnb history for folks looking to supplement income via short term rentals.
Location: Walk to shoppes, activities, museums, culture, restaurants and more along Eat Street, Loring Park, Lowry Hill and Downtown Minneapolis, etc. Easy access to major transportation.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Partial
Interior
Heating Hot Water
Fireplace No
Exterior
Garage Gravel, Open
Fence None
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Public Transit (w/in 6 blks)
Story More Than 2 Stories
Foundation 1064
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Wood Siding
New Construction false
Schools
School District Minneapolis
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "