$325,000
$300,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
727 Thomas AVE N Minneapolis, MN 55411
1,680 SqFt
Key Details
Sold Price $325,000
Property Type Multi-Family
Sub Type Duplex Side by Side
Listing Status Sold
Purchase Type For Sale
Square Footage 1,680 sqft
Price per Sqft $193
Subdivision Brodericks Add
MLS Listing ID 6350842
Sold Date 05/30/23
Year Built 1961
Annual Tax Amount $2,135
Tax Year 2022
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x129
Property Description
Rare side-by-side 2 story duplex with private unfinished basements that offer potential additional living space. Long term tenant in one side (lease runs through September 2023), vacant on the other. Vinyl windows, boiler heat. Located in the extreme SW corner of north Mpls blocks from Wirth Park. Live in one side & let the long-term tenant pay off a substantial piece of your mortgage! Tenants pay gas & electric, and are responsible for lawn & snow. Owner pays water/sewer & garbage. This area has had very strong rental demand.
Both units are enrolled in the 4d Affordable Housing Initiative, reducing property taxes by about 40%! Listing agent is property owner.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Full, Unfinished
Interior
Heating Boiler, Radiant
Fireplace No
Exterior
Parking Features Unassigned, Open
Fence Chain Link, Partial
Roof Type Age Over 8 Years,Asphalt,Pitched
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 810
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
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