UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,957 sqft
Price per Sqft $123
Subdivision Monroe Street Add
MLS Listing ID 6659592
Style (MF) Duplex Up and Down
Bedrooms 5
Year Built 1900
Annual Tax Amount $9,512
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 46 x 129
Property Description
The property features a stunning front Palladian window, adding architectural elegance to the front facade. The home also includes a new asphalt shingle roof for both the house and the detached garage, ensuring long-lasting durability. The remodeled second-floor bathroom brings a fresh, modern touch. Two new circuit breaker panels provide updated electrical systems.
With porches at the front, side, and back, there are plenty of outdoor spaces to enjoy, and the home's large windows fill each room with natural light, highlighting the original hardwood floors and intricate woodwork throughout.
The location couldn't be more ideal, with art galleries, workshops, James Beard award restaurants, Grain Belt Brewery and cozy coffee shops nearby. Logan Park and Recreation Center is right across the street with playground, wading pool, sports fields and courts. Ideal recreational venue for residents of all ages.
For investors, the property offers an income opportunity with an existing tenant occupying the second floor, and there is potential to remodel the attic to create a third unit, further increasing rental income. The financial advantages of owning this duplex are significant, with principal reduction, appreciation, and tax savings. Situated on a 6,098 square foot lot, this property offers both character and opportunity, making it an ideal choice for investors or those looking to live in a vibrant, creative community while generating passive income. Come take a look!
Location
State MN
County Hennepin
Community Monroe Street Add
Direction Broadway to Jefferson, north to 13th Ave, right at 13th to the home.
Rooms
Basement Daylight/Lookout Windows, Full, Posts, Stone, Unfinished
Interior
Heating Baseboard, Forced Air, Space Heater
Laundry Common Area, In Basement
Exterior
Parking Features Detached Garage, Driveway - Concrete
Garage Spaces 1.0
Roof Type Age 8 Years or Less,Asphalt Shingles,Pitched
Accessibility None
Porch Covered, Enclosed, Front Porch, Rear Porch, Screened, Side Porch
Total Parking Spaces 1
Building
Lot Description Property Adjoins Public Land, Public Transit (w/in 6 blks), Tree Coverage - Light
Water City Water/Connected
Architectural Style (MF) Duplex Up and Down
Structure Type Frame,Other
Others
Senior Community No
Tax ID 1402924130141
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://tours.spacecrafting.com/n-n7xf84
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