Price Reduction
Address
405 E 35th Street, Minneapolis, MN
Price
$ 875,000
Property Attributes
- ID#6248287
- TypeMulti-Family
- CountyHENNEPIN
- CityMinneapolis
- AreaClinton Ave Add
- NeighborhoodClinton Ave Add
- Zip55408
- StyleQuadruplex
- Year Built1912
- Taxes$ 8372
- Price$ 875,000
- Bedrooms11
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage5148
- Lot Size5,663 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description
Recently renovated large four-plex with 3 - 3Br/1Ba and 1- 2Br/1Ba units. Unit #2 vacant and available for immediate showing. Large apartments with 10'&12' ceilings, exposed brick entry with historical charm, granite countertops, hardwood floors, & tile. Major renovations in 2022/23 including paint, half roof fully replaced, all seams/edges reinforced on remaining half, carpeting, 2 new hot water tanks (2 others only 4 years old), added fiber optic internet, & vents cleaned. One AC unit and range replaced two years ago. All units have own furnace & central AC. 4 off street paved parking spaces. Two commercial grade coin-operated washers & dryers in basement. Corner lot with bus stop for easy access without a vehicle. Potential expansion w/ 2,600 sqft full ceiling height basement. Fully updated including plumbing, electrical & handicap accessible unit.
| Price History | |
|---|---|
| 8/12/2022 | Listed $935,000 |
| 4/17/2023 | 4% - $899,000 |
| 5/22/2023 | 3% - $875,000 |
General Features
| Accessibility | Grab Bars In Bathroom, No Stairs External, No Stairs Internal, Wheelchair Ramp(s), Roll-In Shower |
|---|---|
| Additional Parcels Y/N | No |
| Association Amenities | Coin-op Laundry Owned |
| Basement | Daylight/Lookout Windows, Full, Owner Access, Shared Access, Stone/Rock, Storage Space, Unfinished |
| City | Minneapolis |
| Construction Materials | Brick/Stone, Stucco |
| Contingency | None |
| County | Hennepin |
| Directions | 35 W to 36th St, East to 4th Ave S, North to property on corner of 35th and 4th. |
| Electric | Circuit Breakers, 200+ Amp Service |
| Electric Expense | 1000 |
| Gross Income | 84000 |
| Heating | Forced Air |
| High School District | Minneapolis |
| Insurance Expense | 4753 |
| Lender Owned | No |
| Levels | Two |
| New Construction | No |
| Ownerpays | Electricity, Insurance, Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection, Water |
| Property SubType | Quadruplex |
| Property Type | Residential Income |
| Roof | Age 8 Years or Less, Flat, Rubber |
| Sewer | City Sewer/Connected |
| Standard Status | Active |
| Street Name | 35th |
| Subdivision Name | Clinton Ave Add |
| Tax Annual Amount | 8372 |
| Tax Year | 2023 |
| Tenant Pays | Cable TV, Electricity, Fuel |
| Total Units | 4 |
| Virtual Tour | https://my.matterport.com/show/?m=81cK6d2P5BE&mls=1 |
| Water Sewer Expense | 4800 |
| Year Built | 1912 |
| Zoning Description | Residential-Multi-Family |
Interior Features
| Above Grade Finished Area | 5148 |
|---|---|
| Fireplace Y/N | No |
| Foundation Dimensions | 129x42 |
| Fuel | Natural Gas |
| Street Suffix | Street |
Exterior Features
| Days on Market | 242 |
|---|---|
| Living Area | 5148 |
| Fencing | Chain Link, Wood |
| Foundation Area | 2564 |
| Lot Dimensions | 129.4x42.3 |
| Lot Features | Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light |
| Lot Size Area | 0.13 |
| Lot Size Units | Square Feet |
| Parking Features | Paved, Unassigned |
| Road Frontage Type | City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer |
| Road Responsibility | Public Maintained Road |
| Water Source | City Water/Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 55408
Price
Taxes
Visits
Year Built
Walkscore
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Listing
© 2023 Realtor Association of Southern Minnesota. All rights reserved. The data relating to real estate for sale on this limited electronic display comes in part from the Broker Reciprocity (sm) Program of the Realtor Association of Southern Minnesota Multiple Listing Service. Real estate listings held by brokerage firms other then RE/MAX Advantage Plus- Savage are marked with the Broker Reciprocity(sm) logo or the Broker Reciprocity(sm) thumbnail logo (a little black house) and detailed information
