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$455,000

6 Beds 4 Baths 2,290 SQFT 0.12 Acres
Type: Multi-Family

5453 28th Avenue S
Minneapolis, MN 55417

MLS#: 7158148
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Coldwell Banker Realty - Lakes

Property Description

 

Rare 6 bedroom 4 bath side by side duplex near Lake Nokomis. This turn key investment property is perfect for an owner occupant or investor. Rents are under market at $1800 & $1900 are there are kitchenettes in the lower level perfect for multi generational living. Beautiful hardwood floors throughout and great natural light This property has some HUGE upside with another 4-500 sq feet in lower level that is easily finished. Floor plans are the same on both sides. This will not last!

 

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area1,790 sqft
BasementBlock, Egress Window(s), Full, Kitchenette, Partially Finished, Single Tenant Access, Storage Space, Tile Shower
Basement (Y/N)Yes
Below Grade Finished Area500 sqft
FuelNatural Gas
Garage Square Feet0
Laundry FeaturesIn Basement, Lower Level, Laundry Room, In Unit

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsBlock
ContingencyNone
CountyHennepin
Directions35W South to 62 east. Exit onto 28th Avenue, turn left.
ElectricCircuit Breakers, 100 Amp Service
Electric Expense0
Fuel Expense0
Garage Spaces2
Gross Income44000
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense2158
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area2,290 sqft
Lot Size UnitsAcres
MaintenanceExpense500
Net Operating Income37763
New ConstructionNo
Number Of Units Total2
Operating Expense6237
OwnerPaysExterior Maintenance, Hot Water, HVAC Maintenance, Insurance, Grounds Care, Repairs, Other, Pest Control, Roof Maintenance, Sewer, Snow Removal, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameNokomis Park View
Tax Annual Amount$7,977
Tax Year2026
Tenant PaysBroadband, Cable TV, Electricity, Gas, Heat
TopographyLevel
Trash Expense0
Water Sewer Expense2579
Year Built1960
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total3,580 sqft
FencingNone
Foundation Area1,790 sqft
Lot Dimensions40x128
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Light
Lot Size Area0 sqft
Parking FeaturesDetached Garage, Concrete
Road Frontage TypeCity Street
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

$455,000

6 Beds 4 Baths 2,290 SQFT 0.12 Acres
Type: Multi-Family

5453 28th Avenue S
Minneapolis, MN 55417

MLS#: 7158148
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800

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