$795,000

2744 Fremont Avenue S, Minneapolis, MN 55408


2744 Fremont Avenue S Minneapolis, MN 55408

For Sale MLS# 6329194

Other

Data current as of {{getLocalTime('2023-04-01T17:25:28Z')}}

Details for 2744 Fremont Avenue S

MLS# 6329194

Description for 2744 Fremont Avenue S, Minneapolis, MN, 55408


Perfectly located, newly updated, and fully occupied 4-Plex has been updated for easy management and lowered expenses. At over 6,000/mo in gross revenue this Uptown complex has: new garage roof and paint, new fence, split electric, new landscaping, heat controlled in basement by owner, 8 parking spaces(including detached garage), located on alley for easy trash pick up.. and there is a large unfinished attic to add value. Great and low maintenance tenants. One block from the Greenway, four blocks from Lake of the Isles, off busy streets, and in a quiet neighborhood. Steps to the grocery store, lakes, restaurants, nightlife, bike trails, and all things Minneapolis Lakes Lifestyle. Recent high-rise now on the same block. Please contact for list of updates and financial breakdown. Cap Rate: 6%. Unit Mix: • 1 – Studio – 600 SqFt, $920. • 1 - One BD, One BA - 900 SqFt., $1350 • 1 – One BD, One Den, One BA – 800 SqFt, $1225 • 1 – Three BD, One BA – 1200 Sq, $2220

Listing Information


Property Type: Multi-Family

Status: Active

Bedrooms: 5

Bathrooms: 4

Lot Size: 0.08 Acres

Square Feet: 3,473 sq ft

Year Built: 1900

Foundation: 1,200 sq ft

Garage: Yes

Stories: Three Level Split

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 4

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 54

HERS Score: Pending

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above: 2,652 sq ft

Square Footage below: 821 sq ft

Flooring:

Basement: Egress Windows, Finished (Livable), Storage Space

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage, Assigned, Garage Door Opener, Paved Lot, Storage, Garage Sq Ft - 720.0

Exterior: Stucco

Roof: Asphalt Shingles

Lot View:

Lot Dimensions: 5227

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Wood

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Community Amenities: Other

Complex Features: Concrete Floors & Walls, Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


South on Hennepin from I-94, East of 28th st W. North on Fremont Ave. Building on west side of street.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Broadband,Cable T.V.,Electric,Other

Owner Pays: Insurance,Taxes,Water/Sewer

Annual Income: $72,480

Ownership Type:

Tax/Property ID: 3302924420004

Tax Amount: $9,445

Tax Year: 2023

HomeStead Description: Non-Homesteaded

Price Changes


$795,000 Original Price
$795,000 Current Price
+$0 Total Change
Date Price Change
2/6/2023 09:57 AM $795,000

Sales History

Date Price Change
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Tax Summary

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Schools nearby 2744 Fremont Avenue S

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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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

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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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

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings