Address
405 E 35th Street, Minneapolis, MN
Price
$ 935,000
Property Attributes
  • ID#6248287
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaClinton Ave Add
  • NeighborhoodClinton Ave Add
  • Zip55408
  • StyleQuadruplex
  • Year Built1912
  • Taxes$ 9301
  • Price$ 935,000
  • Bedrooms11
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage5148
  • Lot Size5,663 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Very well maintained large four-plex with 3 - 3Br/1Ba and 1- 2Br/1Ba units. Fully rented with excellent tenants! Create instant cash flow with this turnkey rental property. Large 1,100-1,200 sqft apartments with 10'&12' ceilings, exposed brick entry with historical charm, granite countertops, hardwood floors, & tile. Major 2022 renovations include new exterior paint, half roof fully replaced, all seams/edges reinforced on remaining half, new carpeting, 2 new hot water tanks (2 others only 4 years old), added fiber optic internet, & vents cleaned. One AC unit and range replaced two years ago. All units have own furnace & central AC. 4 off street paved parking spaces. Two commercial grade coin operated washers & dryers in basement. Corner lot with bus stop for easy access without a vehicle. Potential expansion w/ 2,600 sqft full ceiling height basement. Full 2010 renovation included updated plumbing, electrical & added handicap accessible unit.

Price History
8/12/2022 Listed $935,000

General Features

Accessibility Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Wheelchair Ramp(s), Roll-In Shower
Additional Parcels Y/N No
Association Amenities Coin-op Laundry Owned
Basement Daylight/Lookout Windows, Full, Owner Access, Shared Access, Stone/Rock, Storage Space, Unfinished
City Minneapolis
Construction Materials Brick/Stone, Stucco
Contingency None
County Hennepin
Days on Market 4
Directions .
Electric Circuit Breakers, 200+ Amp Service
Electric Expense 1000
Grossincome 75600
Heating Forced Air
High School District Minneapolis
Insurance Expense 4753
Lender Owned No
Levels Two
New Construction No
Ownerpays Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water
Property SubType Quadruplex
Property Type Residential Income
Roof Age 8 Years or Less, Flat, Rubber
Sewer City Sewer/Connected
Standard Status Active
Street Name 35th
Subdivision Name Clinton Ave Add
Tax Annual Amount 9301
Tax Year 2022
Tenant Pays Cable TV, Electricity, Fuel
Total Units 4
Virtual Tour https://my.matterport.com/show/?m=F8Ri7iQANDa&mls=1
Water Sewer Expense 4800
Year Built 1912
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 5148
Fireplace Y/N No
Foundation Dimensions 129x42
Fuel Natural Gas
SQFT Above Ground Total 5148.0000
SQFT Below Ground Total 2564.0000
SQFT Main Total 2564.0000
SQFT Total 7712.00
Street Suffix Street

Exterior Features

Living Area 5148
Fencing Chain Link, Wood
Foundationarea 2564
Lot Dimensions 129.4x42.3
Lot Features Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Lot Size Area 0.13
Lot Size Units Square Feet
Parking Features Paved, Unassigned
Road Frontage Type City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Road Responsibility Public Maintained Road
Water Source City Water/Connected

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55408

Price
AVG $590K
$940K
Taxes
AVG $8,033
$9,301
Visits
AVG 56
50
Year Built
AVG 1906
1912
Walkscore
AVG 84
78
Data Provided by Walkscore ® not using MLS data

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