$549,990
3517 1st Avenue S Minneapolis, MN 55408
For Sale MLS# 6462973
7 beds2 baths3,600 sq ftMulti-family
Details for 3517 1st Avenue S
MLS# 6462973
Description for 3517 1st Avenue S, Minneapolis, MN, 55408
Recently Remodeled Up/Down duplex in amazing area. Upper unit occupied with potential house hack available today! Walkable to eat street and many other wonderful parts of town. Super spacious units with newer kitchens, bathrooms, carpet, trim, windows, exterior paint. Stable tenants, always rented. plenty of off-street parking. 3200 square feet finished! First-floor rents for $2,100/mo with 4 beds & 2 baths. Upper unit rents for $1,800.mo with 3 beds & 1 bath with wonderful tenants currently in place-- you can see their pride of renter-ship from the photos. Shared laundry in basement. Units have very tall ceilings (even in basement). Sellers willing to make a win-win situation and prefer a fast closing. Separate utilities make this a very easy house hack or income generating rental. Expenses are conservative estimates of sinking funds and other savings accounts for repairs and maintenance. Expenses are not that high for this unit.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 7
Bathrooms: 2
Lot Size: 0.13 Acres
Square Feet: 3,600 sq ft
Year Built: 1915
Foundation: 1,200 sq ft
Stories: 2 Stories
Subdivision: Shartles Add
Number Of Units Total: 2
County: Hennepin
Days On Market: 150
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Interior Features
Square Footage above: 2,400 sq ft
Square Footage below: 1,200 sq ft
Basement: Storage Space, Full, Egress Windows, Finished (Livable)
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Electric, Natural Gas
Exterior / Lot Features
Parking Description: Driveway - Concrete
Exterior: Stucco, Wood
Roof: Asphalt Shingles
Lot Dimensions: 42x155
Zoning: Residential-Multi-Family
Fencing: Chain Link
Additional Exterior/Lot Features: Tree Coverage - Medium, Public Transit (w/in 6 blks), Road Frontage - City
Community Features
Association Amenities: Porch
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 2200
Unit 1 Baths Total: 1
Unit 1 Beds Total: 4
Unit 1 Rooms Total: 7
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1800
Unit 2 Baths Total: 1
Unit 2 Beds Total: 3
Unit 2 Rooms Total: 7
Driving Directions
3517 1st Ave South
Financial Considerations
Other Annual Tax: $1,207
Owner Pays: Insurance,Maintenance/Repair,Taxes,Trash,Water/Sewer
Gross Income: 48000
Expense: 10000
Tax/Property ID: 0302824420215
Tax Amount: 8533
Tax Year: 2023
HomeStead Description: Non-Homesteaded
Buyer Broker Compensation: 2.50%
Price Changes
| Date | Price | Change |
|---|---|---|
| 11/22/2023 04.29 PM | $549,990 |
A broker reciprocity listing courtesy: LaBelle Real Estate Group Inc
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Sales History & Tax Summary for 3517 1st Avenue S
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
Schools
Schools nearby 3517 1st Avenue S
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Data powered by ATTOM Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.
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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