a Berkshire Hathaway affiliate

$350,000

3836 Clinton Avenue, Minneapolis, MN 55409


$350,000

Off-Market Date: 4/27/2020

3836 Clinton Avenue Minneapolis, MN 55409

Pending MLS# 5540729

5 beds 2 baths 1,830 sq ft Multi-family

Data current as of {{getLocalTime('2020-05-25T21:15:41Z')}}

Details

MLS# 5540729

Description for 3836 Clinton Avenue, Minneapolis, MN, 55409


Steps away from the new Seward Co-Op Grocery store. Great area with easy access to all that S Mpls has to offer. Projected rents offer a 11% cash on cash return with 20% down. 7% Cap rate. Access to Minnehaha Creek Pkwy and 35W nearby. Minutes to Downtown and the MSP Airport. Most of your capital expenses are already done with this duplex. New windows, new tear off roof, new kitchens, bathrooms and all new finishes throughout each unit. Stainless steel appliances, along with subway tile baths. 2 car garage with new garage door for additional rental income. Top unit would be perfect for owner occupant or generate higher rents, with 3 beds/1 bath. Lower unit lives as a 2 bed/1 bath. Shared laundry in the basement.

Listing Information


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

Status: Pending

Bedrooms: 5

Bathrooms: 2

Lot Size: 0.12 Acres

Square Feet: 1,830 sq ft

Year Built: 1915

Foundation: 928 sq ft

Garage: Yes

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Wolvertons 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: 32

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 2

Interior Features


Square Footage above: 1,830 sq ft

Square Footage below:

Flooring:

Basement: Full

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Hot Water, Boiler, Forced Air, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Detached Garage

Exterior: Stucco

Roof: Pitched, Tile, Age 8 Years or Less, Asphalt Shingles

Lot View:

Lot Dimensions: 40x131

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Fence: Chain Link

Additional Exterior/Lot Features: Tree Coverage - Medium, Road Frontage - City, Curbs, Paved Streets, Sidewalks

Soil Type:

Tillable Acres:

Unit Information


Number of Units Like This: 1

Monthly Rent: 1200

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 7

Number of Units Like This: 1

Monthly Rent: 1700

Total Baths: 1

Total Bedrooms: 3

Total Rooms: 8

Driving Directions


38th Street to Clinton Ave south, home on right.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel,Snow,Lawn

Owner Pays: Taxes,Insurance,Water/Sewer,Maintenance/Repair,Trash

Annual Income: $34,800

Annual Expense: $4,700

Ownership Type:

Tax/Property ID: 1002824110205

Tax Amount: $4,242

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$350,000 Original Price
$350,000 Current Price
+$0 Total Change
Date Price Change
3/21/2020 12:45 PM $350,000

Sales History

Date Price Change
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Schools nearby 3836 Clinton Avenue

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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.

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