$670,000
$695,000
3.6%For more information regarding the value of a property, please contact us for a free consultation.
3923 Chicago AVE Minneapolis, MN 55407
5,297 SqFt
Key Details
Sold Price $670,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,297 sqft
Price per Sqft $126
Subdivision Chicago Ave Park
MLS Listing ID 5704656
Sold Date 04/02/21
Year Built 1925
Annual Tax Amount $9,338
Tax Year 2020
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 122x53
Property Description
Outstanding, income generating 4- plex building in a desirable location-across from Phelps Park and on a bus line. Featuring four spacious units - 1100 sq. feet each. Three of the units feature (2 bedrooms, 1 bath, 1 tucked under car garage and 1 storage room) per unit, 4th Unit features (2 bed/1 bath + heated 4 season's porch-home office, 1 garage and 1 storage room). None conforming fifth unit in the basement utilized as a maintenance and storage room. Old charm featuring-hard wood floors, crown molding, built in buffet, tiled bathrooms and kitchens, newer appliances, roof replaced in 2016, coin operated washers and dryers in basement. Long term renters with renewed leases through 2021. This is an excellent investment opportunity!!!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full, Partially Finished, Shared Access, Storage Space
Interior
Heating Boiler, Hot Water, Radiant
Fireplace No
Exterior
Parking Features Attached Garage, Concrete, Tuckunder Garage
Garage Spaces 4.0
Roof Type Rubber
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 2186
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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