2943 California ST NE Active Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55418
Key Details
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Active
Purchase Type For Sale
Square Footage 2,406 sqft
Price per Sqft $197
Subdivision Northtown Add
MLS Listing ID 6638332
Year Built 1900
Annual Tax Amount $3,516
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 X 128
Property Description
Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! Possible opportunity to expand in the attic! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full,Unfinished
Interior
Heating Baseboard,Ductless Mini-Split,Forced Air
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Fence Chain Link,Wood
Roof Type Age 8 Years or Less
Building
Story Two
Foundation 1194
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis