Minneapolis, MN 55411,1008 Morgan AVE N
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Minneapolis, MN 55411,1008 Morgan AVE N
Minneapolis, MN 55411,1008 Morgan AVE N
Minneapolis, MN 55411,1008 Morgan AVE N
Minneapolis, MN 55411,1008 Morgan AVE N

$410,000

Est. payment /mo

$495,000

17.2%
Est.Price: ?

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1008 Morgan AVE N Minneapolis, MN 55411

4,030 SqFt

SOLD DATE : 03/21/2022

Key Details

Sold Price $410,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 4,030 sqft

Price per Sqft $101

Subdivision Oak Park Add

MLS Listing ID 6146681

Sold Date 03/21/22

Year Built 1920

Annual Tax Amount $1,780

Tax Year 2021

Contingent None

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 42x126

Property Description

Great Investment Opportunity!!! This Duplex is a consider a 4D housing property, it counts with a total of 13 bedrooms throughout both levels. From those 13 units there is currently 11 of them currently rented. Each tenant currently is paying $650 a month for rent besides 1 that pay $600, $50 is waived for maintaining upper level clean. Just about 70% of monthly rent is paid by each tenants' subsidy directly to owner. Property counts with potential of finishing basement and turning it into a Triplex, it is Zoned to be able to make into triplex. Owner pays for all utilities including Water/trash/electricity/Gas.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full

Interior

Heating Forced Air

Fireplace No

Building

Story Two

Foundation 2015

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

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Listed by Nicolas Valdivia Lozano • Renters Warehouse

Amber Hartman

Advisor | License ID: 40446698

+1(612) 701-0209

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