617 Morgan Avenue N, Minneapolis, MN 55411

$265,000
3,422
SqFt
List Price
$265,000
MLS#
5262166
Status
ACTIVE
Type
Multifamily
Style
(MF) Duplex Up and Down
Living Area
3,422
Acres
0.12
Neighborhood
Near - North
Year Built
1921

Property Description

Large duplex with long time tenants. Both units on month-to-month leases (w/ 60-day notice) so lots of flexibility for new owner to continue with current tenants, get new tenants or owner-occupy. Scored as a Tier 1 rental property – the highest rating from the City of Minneapolis. Tier 1 means it uses very few city services, is well-maintained, managed and meet minimum housing code.

Additional Information

School District
Minneapolis
Amenities Shared
Porch
Tax Amount
$3,711
Tax Year
2019
Total Num Units
2
Annual Rent
11940
Annual Gross Income
28140
Construction Status
Previously Owned
Fencing
None
Fuel
Natural Gas
Lot Description
Tree Coverage - Light, City Bus (w/in 6 blks)
Sewer
City Sewer/Connected
Roof
Asphalt Shingles, Pitched, Age Over 8 Years
Exterior
Vinyl
Has Supplements
Yes
Heating
Forced Air
Water
City Water/Connected
Handicap Accessible
None
Basement
Full, Concrete Block
Parking
Detached Garage, Driveway - Concrete
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Edina Realty, Inc..

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