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$430,000

6 Beds 2 Baths 2,550 SQFT 0.19 Acres
Type: Multi-Family

2533 Polk Street NE
Minneapolis, MN 55418

MLS#: 7151708
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Edina Realty, Inc.

Property Description

 

Northeast Minneapolis side by side duplex - great location and a fantastic opportunity! Perfect for an owner occupant: one side has been thoroughly updated, live in the other while you put some sweat equity into it. Each unit features 3 bedrooms (1 main, 2 up), 1 full bath, living room, laundry (free!), front and back porches and good sized kitchens. Both units are currently vacant – don’t worry about inheriting bad tenants. Maintenance free vinyl exterior, huge fully fenced back yard with patio. 2 car garage + off-street parking. 2 electrical panels, 2 furnaces, 2 water heaters, 2 refrigerators, 2 stoves, 2 exhaust fans, 1 microwave, 1 dishwasher and 1 central air unit. Walk / bike to restaurants, shops, bars, schools, and parks. A lot of space (inside and out) for a great price.


 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area2,550 sqft
BasementPartial
Basement (Y/N)Yes
Below Grade Finished Area0 sqft
FuelNatural Gas
Garage Square Feet480
Laundry FeaturesMain Level, In Unit

General

AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesPatio, Porch
CityMinneapolis
ContingencyNone
CountyHennepin
DirectionsLowry to Polk, North to home
ElectricCircuit Breakers
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income43200
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense3892
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2,550 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income36428
New ConstructionNo
Number Of Units Total2
Operating Expense0
OwnerPaysInsurance, Sewer, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMenages Sup To East Side Add
Tax Annual Amount$7,534
Tax Year2026
Tenant PaysElectricity, Gas
Trash Expense960
Virtual TourClick here
Water Sewer Expense1920
Year Built1900

Exterior

Building Area Total4,177 sqft
FencingFull, Privacy
Foundation Area1,627 sqft
Lot Dimensions46x182
Lot FeaturesPublic Transit (w/in 6 blks)
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Gravel
Road Frontage TypeCity Street, Curbs, Sidewalks
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$430,000

6 Beds 2 Baths 2,550 SQFT 0.19 Acres
Type: Multi-Family

2533 Polk Street NE
Minneapolis, MN 55418

MLS#: 7151708
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800