TURN-KEY INCOME PROPERTY ON A HUGE LOT IN JORDAN! This property sets on a fully fenced double-wide lot. $30,000 gross annual income. The upper level 1-bedroom is tenant-occupied on a 1-year lease @ $1175/month. The 2-bedroom unit is vacant, so this home is available for owner-occupant buyers! Pay the majority of your mortgage with rental income!
MLS ID: 6528507
Directions: SW Corner of N 26th Ave and Newton.
MLS #: 6528507
Listing courtesy of: eXp Realty
Price: $225,000
Type: Multi-Family
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Total Units: 2
Annual Gross Income: $30,300
Operating Expense: $6,770
Annual Gross Expense: $6,770
Annual Insurance Expense: $1,800
Annual Water/Sewer Expense: $2,400
Tenant Pays: Cable TV, Electricity, Gas
Owner Pays: Sewer, Taxes, Trash Collection
Owner Occupied: No
Finished SqFt Total: 1,231
Finished Above Grade: 1,231
Fireplace: No
Construction Materials: Other
AccessibilityFeatures: None
Roof: Pitched
Heating: Baseboard, Forced Air
Style: Duplex Up and Down
Foundation Area: 705
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Present Use: Yearly
Number of Ranges: Two
Number of Refrigerators: Two
Complex/Dev/Sub Name: Forest Heights
Lot Dimensions: 63x91
Fence: Chain Link, Full
District: Minneapolis
District Number: 1
District Phone: 612-668-0000
County: Hennepin
Survey Range: 24
Survey Section: 16
Survey Township: 29
Tax Year: 2024
Tax Amount: $2,310
Assessment Pending: Unknown
Taxes w/Assessments: $2,570
This listing was last updated by eXp Realty on 5/3/2024 at 9:04 pm.
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 10/18/2024 3:05 am.
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