$499,800
$499,000
0.2%For more information regarding the value of a property, please contact us for a free consultation.
5524 Penn AVE S Minneapolis, MN 55419
3,450 SqFt
Key Details
Sold Price $499,800
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 3,450 sqft
Price per Sqft $144
Subdivision South Gate Terrace 1St Div
MLS Listing ID 6184617
Sold Date 06/16/22
Year Built 1948
Annual Tax Amount $6,461
Tax Year 2022
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50x126
Property Description
Well maintained duplex in the heart of Armatage steps from Armatage Park and 54&Penn. Currently leased until 7/30/22 and 8/30/22, this duplex hasn't had a month of vacancy since 2017. Beautiful hardwood floors in both main level living rooms and bedrooms! AC units, furnaces, and water heaters replaced 2015-2017. Both units have egress windows already installed, permitted, and passed by city. Both basements are ready for finishing!
Perfect real estate investment in a beautiful neighborhood currently with a lot of residential remodels and rehabs!
Location... location... location!
1 Block to City Bus Line
1 Block to Metro Transit bus stop
1 Block to Armatage Park
2 Armatage Montessori K-5 (top rated public school)
2 Blocks to Minnehaha Creek
4 Blocks to 50th Penn Shops/Dinning
6 Blocks to Lake Harriet
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Block, Egress Window(s), Partially Finished
Interior
Heating Forced Air
Fireplace No
Exterior
Garage Detached, Open
Garage Spaces 2.0
Fence None
Roof Type Asphalt
Building
Story One
Foundation 1600
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One
Structure Type Vinyl 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! "