3836 Clinton Avenue, Minneapolis, MN 55409

$354,000
1,830
SqFt
Sold Price
$354,000
List Price
$350,000
Closing Date
Jun 12, 2020
MLS#
5540729
Status
CLOSED
Type
Multifamily
Style
(MF) Duplex Up and Down
Living Area
1,830
Acres
0.12
Subdivision
Wolvertons 2nd Add
Neighborhood
Bryant
Year Built
1915

Property Description

Steps away from the new Seward Co-Op Grocery store. Great area with easy access to all that S Mpls has to offer. Projected rents offer a 11% cash on cash return with 20% down. 7% Cap rate. Access to Minnehaha Creek Pkwy and 35W nearby. Minutes to Downtown and the MSP Airport. Most of your capital expenses are already done with this duplex. New windows, new tear off roof, new kitchens, bathrooms and all new finishes throughout each unit. Stainless steel appliances, along with subway tile baths. 2 car garage with new garage door for additional rental income. Top unit would be perfect for owner occupant or generate higher rents, with 3 beds/1 bath. Lower unit lives as a 2 bed/1 bath. Shared laundry in the basement.

Additional Information

School District
Minneapolis
Tax Amount
$4,242
Tax Year
2020
Fencing
Chain Link
Fuel
Natural Gas
Lot Description
Tree Coverage - Medium
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt, Pitched, Tile
Heating
Boiler, Forced Air, Hot Water
Water
City Water/Connected
Handicap Accessible
None
Basement
Full
Parking
Detached
Garage Spaces
2

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Roost Real Estate. Selling Office: .

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