4232 / 4234 Cedar Avenue S, Minneapolis, MN 55407
- $470,000
- 2,593
- SqFt
- Sold Price
- $470,000
- List Price
- $465,000
- Closing Date
- Jun 17, 2022
- MLS#
- 6194320
- Status
- CLOSED
- Type
- Multifamily
- Style
- (MF) Triplex
- Living Area
- 2,593
- Acres
- 0.12
- Subdivision
- James A Elliotts Sub Herrick H
- Neighborhood
- Northrop
- Year Built
- 1950
Property Description
Excellent opportunity for an investor or perfect for an owner occupant. (2) 2-bedroom units with basements and a studio in the lower back. Long term tenants ( 4 yrs, 5 yrs. and 10.5 yrs) with leases expiring July 31st and all have expressed interest in renewing. Stucco exterior, updated roof, updated wrapped windows, are just a few of the features that make this property maintenance free. 2 bedroom units have mostly hardwood floors, private laundry, updated F/A furnaces with C/A, partially finished basements. Tenants pay their own gas and electric. 1 unit has the tuckunder garage (potential of heating it) and the other has usage of the detached garage. The studio has electric heat and onstreet parking. Seller indicates the building is very easy to rent and has never had a vacancy. The building has a Tier 1 (top rating by the City) license agreement, has had lead based paint abatement clearance, and a past City weatherization certificate. Lots of storage.
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Additional Information
- School District
- Minneapolis
- Amenities Shared
- Patio
- Tax Amount
- $5,249
- Tax Year
- 2022
- Fuel
- Natural Gas
- Lot Description
- Tree Coverage - Medium, Public Transit (w/in 6 blks)
- Sewer
- City Sewer/Connected
- Roof
- Asphalt
- Heating
- Forced Air
- Water
- City Water/Connected
- Handicap Accessible
- None
- Basement
- Full, Partially Finished
- Parking
- Attached Garage, Detached, Tuckunder Garage, Heated Garage, Concrete, Multiple Garages
- Garage Spaces
- 2
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Listing courtesy of RE/MAX Results. Selling Office: .
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