$579,900

3117 Aldrich Avenue S, Minneapolis, MN 55408


3117 Aldrich Avenue S Minneapolis, MN 55408

For Sale MLS# 5753985

6 beds 3 baths 3,300 sq ft Multi-family

Data current as of {{getLocalTime('2021-10-15T19:54:44Z')}}

Details for 3117 Aldrich Avenue S

MLS# 5753985

Description for 3117 Aldrich Avenue S, Minneapolis, MN, 55408


This spacious Lyn-Lake duplex is filled with original charm and located in a highly desirable and one of the most walkable neighborhoods in Minneapolis.The upper unit spans two floors and has a total of 4 bedrooms, 2 bathrooms (2 bedrooms and 1 bath on each floor), with a full kitchen and secondary kitchenette on the top floor. Enjoy the view of a cozyoverlook balcony area through the master bedroom. The lower unit is currently rented and has 2 bedrooms, 1 bathroom and is filled with timeless details. This home sits on a large lot, with a 3-car garage, and driveway space for additional off-street parking, and a lovely fenced backyard. This home truly makes an amazing place to owner occupy or build your investment portfolio. The total expected rental income for this property is between $4500-5000/month.

Listing Information


Property Type: Multi-family, Duplex Up and Down More Than 2 Stories

Status: Active

Bedrooms: 6

Bathrooms: 3

Lot Size: 0.13 Acres

Square Feet: 3,300 sq ft

Year Built: 1915

Foundation: 706 sq ft

Garage: Yes

Stories: More Than 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Remingtons 2nd Add

Builder:

Foundation:

Total Units: 2

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: 137

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 3

Interior Features


Square Footage above: 3,300 sq ft

Square Footage below:

Flooring:

Basement: Full, Day/Lookout Windows, Stone, Unfinished, Shared Access, 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: 3

Parking Description: Driveway - Shared, Detached Garage, Driveway - Asphalt, Multiple Garages, Garage Dimensions - 28x19, Garage Sq Ft - 532

Exterior: Stucco

Roof: Asphalt Shingles

Lot View:

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Wood

Additional Exterior/Lot Features: Tree Coverage - Medium

Soil Type:

Tillable Acres:

Community Features


Complex Features: Patio, Common Garden

Pets Allowed: No

Association Name:

Unit Information


Number of Units Like This: 1

Total Baths: 2

Total Bedrooms: 4

Total Rooms: 10

Number of Units Like This: 1

Monthly Rent: 1550

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 6

Driving Directions


Traveling south on Lyndale, turn right onto 31st and left onto Aldrich Ave.

Financial Considerations


Other Deposit Fees:

Assessments: $97

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Water/Sewer,Electric,Fuel,Trash,Cable T.V.

Owner Pays: Taxes

Annual Income: $18,600

Annual Expense: $500

Ownership Type:

Tax/Property ID: 0402824110106

Tax Amount: $6,843

Tax Year: 2021

HomeStead Description: Homesteaded

Price Changes


$499,900 Original Price
$579,900 Current Price
+$80,000 Total Change
Date Price Change
9/24/2021 12:29 PM $579,900 -$10,000
9/8/2021 12:00 PM $589,900 -$5,000
7/7/2021 01:35 PM $594,900 -$5,000
5/10/2021 11:52 AM $599,900 +$100,000
5/10/2021 10:27 AM $499,900

Sales History

Date Price Change
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Tax Summary

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Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 3117 Aldrich 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