$448,000
$459,000
2.4%For more information regarding the value of a property, please contact us for a free consultation.
5500 Chicago AVE Minneapolis, MN 55417
1,853 SqFt
Key Details
Sold Price $448,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,853 sqft
Price per Sqft $241
Subdivision Park Ave Terrace
MLS Listing ID 6010276
Sold Date 09/13/21
Year Built 1939
Annual Tax Amount $7,221
Tax Year 2021
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 58x124
Property Description
Here is a rare opportunity to own a charming brick duplex on a corner lot in the exceptional Diamond Lake neighborhood of South Minneapolis that is outstanding as either an owner-occupied or an investment property. Two units mirror one another in a side-by-side layout with hardwood floors throughout, each having a spacious living room, dining room, kitchen, 2 bedrooms, 1 bath, and separate unfinished basements that can be utilized as an entertainment room with ample storage. Each unit has their own individual forced-air gas furnace, central air conditioning, hot water heater, washer and dryer. Two-car detached garage has space on driveway for additional off-street parking. The Diamond Lake neighborhood is a very convenient location for walking to Minnehaha Parkway, Lake Nokomis, Diamond Lake, Todd and Pearl city parks, and only one block from a bus route stop and Kowalski's Market. Both units are currently under lease, so viewings of the property must be by appointment only.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Daylight/Lookout Windows, Drain Tiled, Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned, Covered, Detached, Concrete, Shared Driveway, Electric, Garage Door Opener, No Int Access to Dwelling, Storage
Garage Spaces 2.0
Fence None
Roof Type Age Over 8 Years,Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light, Underground Utilities
Story One and One Half
Foundation 1853
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Brick/Stone
New Construction false
Schools
School District Minneapolis
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