a Berkshire Hathaway affiliate

$570,000

5529 Nicollet Avenue, Minneapolis, MN 55419


$570,000

Off-Market Date: 4/20/2021

5529 Nicollet Avenue Minneapolis, MN 55419

Pending MLS# 5717309

6 beds 3 baths 3,714 sq ft Multi-family

Data current as of {{getLocalTime('2021-04-20T21:55:05Z')}}

Details

MLS# 5717309

Description for 5529 Nicollet Avenue, Minneapolis, MN, 55419


Welcome to this exceptional property in Southwest Minneapolis. This traditional up and down duplexoffers an opportunity for both investors and owner occupants alike.Work done in 2019 - Full kitchen and bathroom renovations in both units. New paint throughout, added anegress window and bedroom in lower unit (4 bed/2ba), Radon mitigation system, Nest thermostats in bothunits, New washer/dryer in both units, New tile in lower level unit, New roof, Grading, mulch, andexterior clean-up w/ new exterior paint on front.The detached 4 car garage is virtually unheard of in a property like this and offers additional rentalincome opportunities. The location is ideal being directly on the bus line, walking distance to coffeeshops, restaurants and close to 2 grocery stores. And, the property falls into the highly sought afterSouthwest High School District. This property is a must see.

Listing Information


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

Status: Pending

Bedrooms: 6

Bathrooms: 3

Lot Size: 0.13 Acres

Square Feet: 3,714 sq ft

Year Built: 1952

Foundation: 1,326 sq ft

Garage: Yes

Stories: 2 Stories

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Wallace Nicollet 55th St 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: 11

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 2

3/4 Baths: 1

Interior Features


Square Footage above: 2,652 sq ft

Square Footage below: 1,062 sq ft

Flooring:

Basement: Sump Pump, Finished (Livable), Day/Lookout Windows, Concrete Block, Drainage System, Drain Tiled, Full, Egress Windows, Single Tenant Access

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: 4

Parking Description: Detached Garage, Garage Door Opener, Garage Sq Ft - 800

Exterior: Cement Board, Stucco, Brick/Stone

Roof: Age 8 Years or Less, Asphalt Shingles

Lot View:

Lot Dimensions: 45x126

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Road Frontage - City, Curbs, Sidewalks, Street Lights, Storm Sewer

Soil Type:

Tillable Acres:

Community Features


Complex Features: Deck

Pets Allowed: No

Association Name:

Driving Directions


From Downtown 35W south to 46th Street exit. West to Nicollet; South to Home

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

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

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

Annual Income: $51,600

Annual Expense: $41,550

Ownership Type:

Tax/Property ID: 2202824120134

Tax Amount: $7,900

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$570,000 Original Price
$570,000 Current Price
+$0 Total Change
Date Price Change
4/5/2021 04:13 PM $570,000

Sales History

Date Price Change
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Schools nearby 5529 Nicollet Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby 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