$330,000
$339,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
1108 16th AVE SE Minneapolis, MN 55414
6 Beds
2 Baths
2,398 SqFt
Key Details
Sold Price $330,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,398 sqft
Price per Sqft $137
Subdivision Elwells Add
MLS Listing ID 5654560
Sold Date 11/20/20
Bedrooms 6
Full Baths 1
Three Quarter Bath 1
Year Built 1910
Annual Tax Amount $4,897
Tax Year 2020
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 132
Property Description
Very Nice, Classic Built, 6-Bedroom House. Currently a Student Rental. This house has been very well maintained and is currently leased through the end of August 2021. House has hardwood floors in the living and dining rooms, original woodwork and kitchen cabinets. Upgrades include modern boiler and electrical. House is equipped with the latest technology. The site has a small driveway but provides opportunity to add additional parking in the back of the property. Near the University of MN, this is a great rental for students. Close to bus line and provides easy access to downtown via Hennepin Avenue and 35W. Potential for more income as the current rents are below market. Renters pay all utilities. Easy to lease and easy to manage. Current rent is $2670/month. Market rent is $2800 to $3500/month.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Rooms
Basement Partially Finished
Interior
Heating Hot Water
Cooling None
Fireplace No
Exterior
Parking Features Gravel
Building
Story More Than 2 Stories
Foundation 798
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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