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    4407 Portland Avenue S

    Minneapolis, MN 55407
    • $389,000
    • STATUS: Contingent
    • ON SITE: 21 days
    • ID#: 5664290
    Price Reduced
    UPDATED: 76 min ago
    $389,000
    • 4
      BEDS
    • 0.13
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 2,928
      SQFT
    • $133
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1931
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Fair Trade Real Estate.

    Description

    Classic Tudor style duplex. Many updates and loads of charm. Excellent cash flow. Check out those rents! This home is not for the "move-in ready" buyer. It could use some maintenance (mostly exterior and windows). It is priced accordingly, considering the rental income, size, location and charm. Motivated seller. Both units feature recently refinished hardwood floors and spacious, sunny rooms. Units have identical floor plans. Recent updates include: 2 boilers/2017, water heater/2019, roof/2014. The kitchens are updated with newer appliances, counter tops and sinks/faucets. Both units are leased. The upper unit lease expires 4/30/21 and the main floor on 8/31/21.

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    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-20T15:08:36.67.

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    4407 Portland Avenue S Minneapolis, MN 55407

    • Price: $389,000
    • Status: Contingent
    • Updated: 76 min ago
    • ID#: 5664290
    4
    Beds
    2
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,928
    SQFT
    $133
    $/SQFT
    1931
    Built
    Neighborhood:
    Auditors Sub 257
    County:
    Hennepin
    Area:
    Minneapolis
    School District:
    1 - Minneapolis
    Property Description
    Classic Tudor style duplex. Many updates and loads of charm. Excellent cash flow. Check out those rents! This home is not for the "move-in ready" buyer. It could use some maintenance (mostly exterior and windows). It is priced accordingly, considering the rental income, size, location and charm. Motivated seller. Both units feature recently refinished hardwood floors and spacious, sunny rooms. Units have identical floor plans. Recent updates include: 2 boilers/2017, water heater/2019, roof/2014. The kitchens are updated with newer appliances, counter tops and sinks/faucets. Both units are leased. The upper unit lease expires 4/30/21 and the main floor on 8/31/21.
    Exterior Features

    Construction Materials StuccoBrick/Stone Fencing Wire Garage Dimensions 22X19 Garage Square Feet 418 Levels Two Lot Features Public Transit (W/In 6 Blks) Lot Size Dimensions 50X117 Parking Features Attached Garage Roof AsphaltAge 8 Years Or Less Waterfront YN No

    Interior Features

    Above Grade Finished Area 2628 Basement FullPartially Finished Below Grade Finished Area 300 Fireplace YN No Foundation Area 1322 Heating Hot Water SQFTAbove Ground Total 2628.00 SQFTBelow Ground Total 1322.00 SQFTMain Total 1322.00 SQFTTotal 3950.00 U1 Unit Sq Ft 1322 U2 Unit Sq Ft 1306 Unit1 Bedroom1 Description Bedroom 1 Unit1 Bedroom1 Dimensions 16X12 Unit1 Bedroom1 Level Main Unit1 Bedroom2 Description Bedroom 2 Unit1 Bedroom2 Dimensions 13X13 Unit1 Bedroom2 Level Main Unit1 Dining Room Description Dining Room Unit1 Dining Room Dimensions 14X13 Unit1 Dining Room Features Separate/Formal Dining Rm Unit1 Dining Room Level Main Unit1 Kitchen Description Kitchen Unit1 Kitchen Dimensions 18X11 Unit1 Kitchen Level Main Unit1 Living Room Description Living Room Unit1 Living Room Dimensions 20X13 Unit1 Living Room Level Main Unit1 Total Rent 1750.00 Unit2 Bedroom1 Description Bedroom 1 Unit2 Bedroom1 Dimensions 16X12 Unit2 Bedroom1 Level Upper Unit2 Bedroom2 Description Bedroom 2 Unit2 Bedroom2 Dimensions 13X13 Unit2 Bedroom2 Level Main Unit2 Dining Room Description Dining Room Unit2 Dining Room Dimensions 14X13 Unit2 Dining Room Features Separate/Formal Dining Rm Unit2 Dining Room Level Upper Unit2 Kitchen Description Kitchen Unit2 Kitchen Dimensions 13X11 Unit2 Kitchen Level Upper Unit2 Living Room Description Living Room Unit2 Living Room Dimensions 20X13 Unit2 Living Room Level Upper Unit2 Total Rent 1600.00

    Property Features

    Accessibility Features None Additional Parcels YN No Contingency Inspection Electric Circuit Breakers Electric Expense 1 Expenses 1.00 Foreclosure Status No Fuel Natural Gas Fuel Expense 1 Gross Income 40200 Insurance Expense 1 Lender Owned No Maintenance Expense 1 Manager Expense 1 Neighborhood Regina New Construction YN No Operating Expense 1 Other Expense 1 Owner Pays WaterRepairsTrash CollectionTaxesInsurance Postal City Minneapolis Potential Short Sale No Present Use Yearly Property Sub Type Duplex Up And Down Road Frontage Type City Street School District Number 1 Sewer City Sewer/Connected Tax Annual Amount 7349 Tax With Assessments 7349.00 Tax Year 2020 Tenant Pays FuelElectricitySnow RemovalTrash Collection Trash Expense 1 Unit Type Unit 1Unit 2Unit 3Unit 4 Water Sewer Expense 1 Water Source City Water/Connected Zoning Description Residential-Multi-Family

    © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Fair Trade Real Estate. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. 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 The Pomerleau Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Pomerleau Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Pomerleau Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2020-10-20T15:08:36.67.

    Click here for Digital Millennium Copyright Act
     
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    The Pomerleau Team
    11671 Fountains Drive, Suite 200
    Maple Grove MN, 55369
    Listing courtesy of Fair Trade Real Estate.