$429,900

904 9th Avenue SEMinneapolis, MN 55414

Type: Multi-Family

2 Units

Description

ASSUMABLE LOAN AT 2.5%!!! Incredible Investment Opportunity! Very Clean Duplex in an Excellent Minneapolis Location, Very Close to the University of MN! Multiple Restaurants, Breweries, Shopping, and Easy Access to the Freeway! Both Units are 3 Bedroom, 1 Bathroom, with a Kitchen, Dining, and Living Room. Total of 6 Bedrooms and 2 Bathrooms. The Lower Level has Been Completely Renovated, Including New Kitchen Cabinetry, New Vinyl Plank Flooring, New Bathroom Vanity, New Carpet, and a New A/C Unit. The The Upper Level is Being Held Vacant to Facilitate Showings and Allow for a Potential Owner Occupant to Assume the Existing FHA Loan! Updates on the Upper Level Include New Carpeting 3 Years Ago, New Paint, New Bathroom Vanity, and New Kitchen Flooring.

MLS ID: 6539904

Directions: 35W to Exit on University Ave SE/ SE 4th St to East on University Ave SE to Left on 10th Ave SE to Left on SE 8th St to Right on SE 9th Ave to Property on Right.

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Property Details

Essential Details

MLS #: 6539904

Listing courtesy of: Chestnut Realty Inc

Price: $429,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $39,600

Operating Expense: $7,500

Annual Gross Expense: $7,500

Annual Insurance Expense: $900

Annual Water/Sewer Expense: $2,400

Tenant Pays: Electricity

Owner Pays: Water

Parking Features: Asphalt, Parking Lot, Paved

Building Details

Owner Occupied: No

Finished SqFt Total: 2,376

Finished Above Grade: 1,188

Finished Below Grade: 1,188

Fireplace: No

Construction Materials: Vinyl Siding

AccessibilityFeatures: None

Roof: Architecural Shingle, Asphalt, Pitched

Heating: Radiant

Electric: Circuit Breakers

Style: Duplex Up and Down

Foundation Area: 1,188

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: Clara E Fuller Add

Lot Dimensions: 38x73x40x65

Fence: Partial, Privacy, Wood

Road Frontage: City Street, Curbs, Paved Streets, Private Road, Sidewalks, Street Lights, Storm Sewer

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 24

Survey Township: 29

Taxes

Tax Year: 2024

Tax Amount: $6,543

Assessment Pending: No

Taxes w/Assessments: $6,543

This listing was last updated by Chestnut Realty Inc on 7/12/2024 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 9/7/2024 10:05 pm.

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 Twin Cities 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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