Address
2801 Emerson Avenue N Minneapolis, MN
Price
$ 285,000
Property Attributes
  • ID#6094291
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaFairmount Park Add
  • NeighborhoodFairmount Park Add
  • Zip55411
  • StyleDuplex Up and Down
  • Year Built1900
  • Taxes$ 2712
  • Price$ 285,000
  • Bedrooms3
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage2248
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Cash cow! Ready for a first time investor or an experienced investor. Almost $40,000 a year in gross rents, fantastic opportunity. Both units are large 3 bedrooms and 1 bathroom, both currently occupied. Clean TISH.

Price History
9/2/2021 Listed $285,000

General Features

Accessibility None
Additional Parcels Y/N No
Basement Full, Unfinished
City Minneapolis
Construction Materials Vinyl Siding
Contingency None
County Hennepin
Days on Market 7
Directions 26TH TO EMERSON GO NORTH, HOUSE ON LEFT.
Electric Expense 1
Fuel Expense 1
Grossincome 38544
Heating Forced Air
High School District Minneapolis
Insurance Expense 1
Lender Owned No
Levels Two
Maintenanceexpense 1
New Construction No
Operatingexpense 1
Ownerpays Taxes, Insurance, Water, Repairs
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Active
Street Name Emerson
Subdivision Name Fairmount Park Add
Tax Annual Amount 2712
Tax Year 2021
Tenant Pays Electricity, Fuel
Total Units 2
Trash Expense 1
Water Sewer Expense 1
Year Built 1900
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 2248
Fireplace Y/N No
Fuel Natural Gas
Living Area 2248
SQFT Above Ground Total 2248.00
SQFT Below Ground Total 1124.00
SQFT Main Total 1124.00
SQFT Total 3372.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Foundationarea 1124
Lot Dimensions 43x127
Lot Features Irregular Lot, Tree Coverage - Medium
Lot Size Area 0.12
Lot Size Units Acres
Parking Features Gravel
Road Frontage Type City Street
Water Source City Water/Connected
Waterfront Y/N No

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 55411

Price
AVG $250K
$290K
Taxes
AVG $2,388
$2,712
Visits
AVG 79
130
Year Built
AVG 1907
1900
Walkscore
AVG 69
68
Data Provided by Walkscore ® not using MLS data

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