$363,000
$349,900
3.7%For more information regarding the value of a property, please contact us for a free consultation.
1507 Queen AVE N Minneapolis, MN 55411
2,500 SqFt
Key Details
Sold Price $363,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $145
Subdivision South Lawn Add
MLS Listing ID 6163278
Sold Date 04/22/22
Year Built 1924
Annual Tax Amount $3,113
Tax Year 2021
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x129
Property Description
Great Rental Investment Opportunity. Income generator! Turn key Duplex with easy access to Theo Wirth Park, North Loop, Downtown, Uptown and Bryn Mawr! Either be an owner occupant and almost live for Free or be an investor for this cash flow property. Own for under $250 a month to occupy one unit, and let the other rental unit pay your mortgage for you! Better than paying high rental rates! Hurry and come check it out. First showing upper unit only. Second showing main level rental unit and basement with at least 24 hour notice. Large upper unit vacant for immediate owner occupant or rental opportunity.
Two matching floor-plan units are each 1,250 square feet with 3 bedrooms, 1 bath, kitchen, living room, dining room and office including off street parking. The upper unit is available for immediate occupancy including new flooring and fresh paint (see pics of upper unit). The lower unit has been rented to a good tenant for $1,200 a month for several years.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Drainage System, Full, Shared Access, Storage Space
Interior
Heating Ductless Mini-Split, Hot Water
Fireplace No
Exterior
Parking Features Gravel, Open
Roof Type Age Over 8 Years,Asphalt
Building
Story Two
Foundation 1250
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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