a Berkshire Hathaway affiliate

$573,000

2427 4th Street NE, Minneapolis, MN 55418


2427 4th Street NE Minneapolis, MN 55418

For Sale MLS# 5685786

2,266 sq ft Commercial

Data current as of {{getLocalTime('2021-05-08T20:35:37Z')}}

Details

MLS# 5685786

Description for 2427 4th Street NE, Minneapolis, MN, 55418


This landmark bldg is located on the SE corner of Lowry Ave & 4th Ave NE in an emerging neighborhood. Known as the "Pink Goat" bldg for the frolicking pink goat painted on the Lowry side, it is also one of the chosen few bldgs that is home to an original Mows 510 house. The prpty has 2 recently renovated upper level apts & retail space on the 1st floor currently leased to Sacred Siren Tattoo & Art. 1 bdrm plus den apartment w/large deck; Mos to Mos tenancy - $900 per month. 1 bdrm apartment w/porch; Mos to Mos tenancy - $850 per month. Sacred Siren lease expiration 8/31/2022. Rent structure as follows: September 1, 2020 thru August 31, 2021 $2,185.45 per month modified gross. September 1, 2021 thru August 31, 2022 $2,251.00 per month modified gross. Sacred Siren pays most utilities & snow removal. Landlord pays water, sewer & trash. Bsmt storage available for tenant use. New patio on 1st floor for tenant use. On-site Prkng accommodates at least 4 vehicles. New roof & gutters 2019.

Listing Information


Property Type: Commercial, Apartments and Retail

Status: Active

Lot Size:

Square Feet: 2,266 sq ft

Year Built: 1908

Foundation: 1,108 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Lennon & Newells Add To St Ant

Builder:

Foundation:

Total Units: 2

Current Use: Other

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 173

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Microwave, Range, Exhaust Fan/Hood, Refrigerator, Dryer, Washer, Gas Water Heater

Flooring:

Basement: Partial Finished, Full

Additional Interior Features: Hardwood Floors

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Separate,Electric Separate,Hot Water Common

Other Utilities:

Cooling: Window

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 4

Parking Description: Uncovered/Open, Driveway - Shared, Unassigned, gravel lot

Exterior: Stucco

Roof: Flat, Rubber, Age 8 Years or Less

Lot View:

Lot Dimensions: 122x43

Farm Type:

Crop Type:

Zoning: Business/Commercial

Fence: Wood

Additional Exterior/Lot Features: Deck, Patio, Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Complex Features: Patio, Coin-op Laundry Owned, Deck

Pets Allowed: No

Association Name:

Driving Directions


Located on the Southeast corner of Lowry Ave NE and 4th Street NE. Approximately 2 miles east of Hwy. 94 on Lowry Avenue NE

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

Owner Pays: Taxes,Water/Sewer,Trash

Annual Income: $47,225

Ownership Type:

Tax/Property ID: 1102924310034

Tax Amount: $5,544

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$598,000 Original Price
$573,000 Current Price
-$25,000 Total Change
Date Price Change
1/26/2021 09:04 AM $573,000 -$25,000
11/16/2020 09:35 AM $598,000

Sales History

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Tax Summary

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Schools nearby 2427 4th Street NE

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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

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Sold: Properties on which the sale has closed.

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