$515,000
$549,900
6.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
4,500 SqFt
SOLD DATE : 03/28/2025
Key Details
Sold Price $515,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $114
Subdivision Bidlemans Add
MLS Listing ID 6643930
Sold Date 03/28/25
Style (MF) Four Plex
Bedrooms 4
Year Built 1927
Annual Tax Amount $6,739
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 123
Property Description
Fully rented, well maintained & performing 4-plex in high demand, Powderhorn Park - just a block from Matt's! Separately metered gas & electric. 4 x 1 br units - 12 month leases; Rents - Unit 1: $1,000; Unit 2: $1,075; Unit 3: $1,095; Unit 4: $1,050. Windows replaced 2009. Glass block basement windows replaced 2017. 4 off-street parking spaces behind building as well as shaded patio area. 2 coin-op laundry in basement. 5 newer water heaters and 2 newer boilers. 2 large storage units per apt. Great opportunity for investor or owner-occ!
Location
State MN
County Hennepin
Community Bidlemans Add
Direction Cedar Ave to Property.
Rooms
Basement Concrete Block, Storage Space, Unfinished
Interior
Heating Hot Water
Laundry Common Area, In Basement, Laundry Room
Exterior
Parking Features Driveway - Asphalt
Roof Type Age 8 Years or Less,Flat
Accessibility None
Porch Covered, Front Porch, Rear Porch
Building
Lot Description Tree Coverage - Light
Water City Water/Connected
Architectural Style (MF) Four Plex
Structure Type Block,Concrete,Frame,Stone
Others
Senior Community No
Tax ID 0202824440011
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
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