1040 13th Avenue Se Minneapolis, MN 55414 (Sold)

$550,000 N/A N/A
Price Bedrooms Bathrooms
Price dropped by 3.3% before being sold sold on 3/31/2022
Status: Sold

MLS #: 6112468

Twin Home Side By Side Sq. Feet: 3220
Date Sold: 3/31/2022 Lot Size: 0.21 Acres
Neighborhood: See All Properties for Sale in Como
DESCRIPTION
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Great investment opportunity! Build your real estate portfolio with this easy to rent duplex walking distance to the U of M. 8.3% Cap Rate, 16.6 % cash on cash return! Unit 1042 is open for an owner occupant, but could be easily rented for an investor (another option is unit 1042 is also approved for section 8 with rent guarantee of $2653) All utilities are paid by tenants! Duplex has a new furnace and new ac.
ARCHITECTURE
Year Built: 1979
Stories: More Than 2 Stories
Style: Duplex Side by Side
Construction Materials: Wood Siding
Finished Above Grade Sq.Ft.: 2221
Finished Below Grade Sq.Ft.: 999
Finished Total Sq.Ft.: 3220
Total Above Grade Sq.Ft.: 2221.00
Total Main Sq.Ft.: 0.00
Total Below Grade Sq.Ft.: 999.00
Total Sq.Ft.: 3220.00
Roof: Asphalt, Age Over 8 Years
Basement: Walkout, Full, Finished, Egress Window(s)
FEATURES / AMENITIES
Approx. Sq. Ft.: 3220
Garage Dimensions: 0 sq.ft.
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.21 Acres
Lot Dimensions: 70x132
Garage Spaces: 1
Sewer: City Sewer/Connected
Water: City Water/Connected
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Tax Year: 2021
Tax Annual Amount: $7, 326
Maintenance Expense: $250
Insurance Expense: $1, 283
Gross Income: $55, 200
Association Amenities: Deck, Patio
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Listing Information Last Updated 5/28/2022
© Copyright 2022 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 owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

1040 13th Avenue Se
Minneapolis, MN 55414

MLS®: 6112468

List Price: $550,000

Description:

MLS® 6112468: This property at 1040 13th Avenue Se, Minneapolis, MN 55414 is located in the Como subdivision and is listed for $550,000. MLS® 6112468 has been on the market for 228 days.