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Property Description
Excellent opportunity in NE Minneapolis for passive income generation! Owner pays water/sewer/trash. Separate meters for gas and electric per unit. Currently no fees for garage use or pets, creating pro forma opportunity for future tenants. Garage is best suited for storage space. Maple HW floors throughout both units, laundry and updated kitchen in upper unit. Large main level unit has exclusive use of partially finished basement, which includes laundry and large family room. Never a vacancy since ownership started in 2015. Self-management and seller repairs keep costs low. Many photos have been virtually decluttered to best showcase each room. Teriffic location close to the heart of NE Minneapolis and all it has to offer!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Partially Finished, Single Tenant Access
Garage: 2
Heating: Baseboard, Boiler, Forced Air
Lot Size: 0.15 Acres
Roof Type: Age Over 8 Years
Taxes: $10,164
Year Built: 1900
Feature Descriptions
Days on Site: 3
Exterior: Frame
Foundation Size: 1354
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 50 x 128
Owners Expense: Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
Parcel#: 1402924130008
Parking: Detached Garage
Road Frontage: City Street, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Gas
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Luke Real Estate
Agency Phone: 763-463-9490
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 3,794.40 per month $2,794.27 Principal & Interest $847.00 Property Tax $153.13 Homeowner's InsuranceChange Payment Information
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1320 Jefferson Street Ne | MLS# 7170837
This multi-family property located at 1320 Jefferson Street Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $525,000. Jefferson Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.