$460,000

5541 Oliver Avenue SMinneapolis, MN 55419

Type: Multi-Family

2 Units

Description

What would it be like to never have to repaint or side your duplex because it's brick? Well-maintained duplex on a quiet street that's walking distance to a park, dining, and public transportation. Each unit features a built-in bookcase adjacent to the fireplace, creating a cozy charm. The original garage has been replaced with a bigger version, providing plenty of storage for outdoor gear. Long-term owners like their long-term tenants and the rental income reflects that.

MLS ID: 6398439

Directions: North on Penn, East on 55th, North on Oliver to Duplex.

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Property Details

Essential Details

MLS #: 6398439

Listing courtesy of: Keller Williams Realty Integrity-Edina

Price: $460,000

Type: Multi-Family

Contingency: Inspection

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $33,600

Annual Gross Expense: $0

Annual Insurance Expense: $1,717

Annual Maintenance Expense: $1,200

Annual Annual Expense: $600

Annual Water/Sewer Expense: $1,860

Tenant Pays: Electricity, Fuel

Owner Pays: Trash Collection, Water

Parking Features: Detached

Garage SqFt: 440

Garage Spaces: 2

Building Details

Owner Occupied: No

Finished SqFt Total: 2,068

Finished Above Grade: 1,704

Finished Below Grade: 364

Fireplace: No

Construction Materials: Brick/Stone

AccessibilityFeatures: None

Roof: Age Over 8 Years

Heating: Forced Air

Electric: Circuit Breakers

Style: Duplex Side by Side

Foundation Area: 1,704

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Two

Number of Refrigerators: Two

Lot Details

Complex/Dev/Sub Name: Pennhurst 2nd Add

Lot Dimensions: 127x60x127x60

Road Frontage: City Street

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 21

Survey Township: 28

Taxes

Tax Year: 2023

Tax Amount: $7,799

Assessment Pending: Yes

Taxes w/Assessments: $8,169

This listing was last updated by Keller Williams Realty Integrity-Edina on 8/28/2023 at 9:21 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/4/2024 2:45 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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