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Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,228 sqft
Price per Sqft $169
Subdivision J S & W Elliots Add
MLS Listing ID 6388399
Sold Date 07/28/23
Year Built 1911
Annual Tax Amount $8,485
Tax Year 2023
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 50x150
Property Description
Great opportunity to own an income producing four-plex with a solid rental history! Secure building located in the Ventura Village neighborhood near downtown and walkable to numerous shops, grocery, parks, and convenient freeway access, the property is in absolutely exceptional condition. All 4 units have been recently updated throughout and each feature 2 bedrooms with 1 bathroom, newer appliances, original millwork, functional floor plans, and 1 off street parking space. Shared basement is squeaky clean and offers owned coin-op laundry and 2 lockable storage spaces for each unit. All mechanicals are split and include 2 new water heaters (replaced w/in the past 4 years) and 4 new boilers (2021). Other updates and upgrades include: 5 new electrical panel boxes (2023), new plumbing in upper 2 units (2020), ADT building security camera system, new iron security gate in front, waterproofed interior foundation, new Speed Queen commercial washer (2021), and expanded parking lot.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Garage Asphalt
Fence Other, Partial
Roof Type Age 8 Years or Less,Flat
Parking Type Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 2114
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
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