THIS TRIPLEX IS A RARE FIND WITH POTENTIAL TO INCREASE RENTAL INCOME WITHIN THE MARCY-HOLMES NEIGHBORHOOD - A POPULAR UNIVERSITY OF MINNESOTA OFF-CAMPUS HOUSING AREA! BUILT IN 1916, NEWLY REFINISHED HARDWOOD FLOORS, INTERIOR PAINT, LOVELY SUNROOMS, LARGE DRIVEWAY FOR OFF-STREET PARKING, NEWER ROOF & GUTTERS. ALL UNITS RENTED WITH STRONG POSSIBILITIES TO INCREASE RENT ROLL AFTER CURRENT LEASES EXPIRE. EACH UNIT COMES WITH APPLIANCES AND IN-UNIT LAUNDRY MACHINES. WALKABLE TO PARKS, RESTAURANTS AND THE UNIVERSITY OF MN.
Property Features
Bedrooms
Other Rooms
- Basement Features: Egress Windows, Finished (Livable)
Bathrooms
Heating and Cooling
- Fuel Expense: 1.00
- Heating Features: Boiler
- Heating Fuel: Natural Gas
Exterior and Lot Features
- Brick/Stone
- Stucco
- Fencing: Partial
- Road Frontage Type: City
- Road Responsibility: Public Maintained Road
Land Info
- Land Lease Amount Frequency: No
- Lot Size Acres: 0.25
- Lot Size Dimensions: 66 x 125
- Topography: Level
- Lot Size Square Feet: 10890
Garage and Parking
- Parking Features: Driveway - Shared
Homeowners Association
- Association: No
- Association Amenities: Deck
- Calculated Total Monthly Association Fees: 0
- Maintenance Expense: 1.00
Rental Info
Multi-Unit Info
School Information
- School District: 1 - Minneapolis
Other Property Info
- Annual Tax Amount: 11319.00
- Source Listing Status: Active
- County: Hennepin
- Directions: From University Ave SE, go North on 5th Ave SE, then East on 6th Street SE
- Tax Year: 2023
- Source Property Type: Multi-Family
- Insurance Expense: 1.00
- Source Neighborhood: Marcy Holmes
- Owner Pays: Electric, Fuel, Sewer, Taxes, Trash, Water
- Parcel Number: 2402924230091
- Postal Code Plus 4: 2912
- Subdivision: Mill Cos Add To St Anthony Falls
- Trash Expense: 1.00
- Zoning: Residential-Multi-Family
- Source System Name: C2C
Commercial Info
- Operating Expense: 18576.00
Building and Construction
- Total Square Feet Living: 7225
- Above Grade Finished Area: 5825
- BelowGradeFinishedArea: 1400
- Construction Materials: Block
- Foundation Area: 1600.00
- Property Age: 108
- Property Condition: Previously Owned
- Roof: Age 8 Years or Less
- Levels or Stories: 2
- Total Above Grade Sqft Area: 4350.00
- Total Area Main: 1600.00
- Total Below Grade Area: 1600.00
Utilities
- Electric: Circuit Breakers
- Electric Expense: 1.00
- Sewer: City Sewer/Connected
- Water Sewer Expense: 1.00
- Water Source: City Water/Connected