$355,500
$380,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
2929 2nd AVE S Minneapolis, MN 55408
2,992 SqFt
Key Details
Sold Price $355,500
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,992 sqft
Price per Sqft $118
Subdivision Boulevard Add
MLS Listing ID 6603537
Sold Date 11/14/24
Year Built 1910
Annual Tax Amount $7,312
Tax Year 2024
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 42x126
Property Description
Charming 1910-built 4-plex, owned for 14 years, is the perfect investment opportunity. Each of the four 1-bedroom, 1-bathroom units boasts hardwood floors, an open-concept living and dining area, and timeless character. Located just minutes from downtown Minneapolis with easy highway access, residents will love being close to lakes, trails, shops, restaurants, and cafes. The property features a newer roof (less than 8 years old), a 2-stall garage, and three additional parking spaces, offering potential for extra income. Four storage units, two currently rented out, further enhance income potential. With leases set to renew (three expiring in October and one in December), this property has a proven history of always being rented. Priced competitively for a quick sale, don’t miss out on this investment opportunity!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Egress Window(s), Concrete, Stone/Rock, Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Detached, Asphalt, More Parking Offsite for Fee
Garage Spaces 2.0
Fence Chain Link, Partial, Wood
Roof Type Rolled/Hot Mop,Flat
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 945
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco,Vinyl Siding
New Construction false
Schools
School District Minneapolis
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP