$469,900 4350-4352 Nicollet Avenue Minneapolis, MN

ID: 5710411   Type: Pending   County: Hennepin   City: Minneapolis   Area: Cable Line Add   Neighborhood: King Field   Zip: 55409   Style: Residential Income     Stories: 2   Taxes: $4,515

Mortgage $2,206 /mo



Half Baths

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A MUST SEE unique investment property! Owners have lived in unit 1 and rented unit 2, as well as rented unit 3 (the downstairs office) with its own separate sidewalk & entrance. Leases were not renewed in prep for sale. You set the rent day one of ownership! It is easy to rent. This duplex (plus office rental) features a three-car garage and four additional off-street paved parking spots. Owner rented garage spaces to entities not renting living space. All 3 units have: kitchens, bathrooms, lots of natural light and storage. Boiler system completely reconditioned 2020, great efficiency. Upper unit updated with all new windows, carpet and NovaCore luxury flooring. Main level unit, new hallway & bedroom carpet and beautiful maple hardwood floors Upper & main units freshly painted & move-in ready! In addition to its current OR1 (Office Residential) zoning it also has 3 additional Mpls 2040 designations of Corridor 6, Corridor Mixed Use & Goods and Services. VERY RARE!

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Price History

2/18/2021 Listed $514,900
3/4/2021 4% - $499,000
4/8/2021 6% - $469,900

Accessibility None
Association Amenities Patio
Basement Partially Finished
Construction Materials Stucco
Contingency None
Electric Circuit Breakers
Fuel Expense 0
Garage Spaces 3
Heating Hot Water
High School District Minneapolis
Lender Owned No
New Construction N
Parking Features Detached, Covered, Asphalt, Concrete
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt, Age Over 8 Years
Sewer City Sewer/Connected, City Sewer - In Street
Standard Status Pending
Subdivision Name Cable Line Add
Tax Annual Amount 4515
Total Units 2
Water Sewer Expense 0
Zoning Description Residential-Multi-Family, Other

Interior Features

Above Grade Finished Area 2010
Below Grade Finished Area 874
Fireplace Y/N N

Exterior Features

Foundationarea 1198
Lot Dimensions 40x127
Lot Size Area 0.12
Lot Size Units Acres
Road Frontage Type City Street
Water Source City Water/Connected, City Water - In Street
Waterfront Y/N N

Property Schools

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Gallery (41 photos)

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Property vs Zip Code Avg (55409)

Price 469K Avg 379K

Sqr Feet 2,884 Avg 1,725

Cost / Sqr Ft $163 Avg $220

Taxes $4,515 Avg $4,220

Acres 0.12 Avg 0.13

Visits 113 Avg 59

Days on Site 80 Avg 36

Walkscore® 78 Avg 76

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Douglas Miller

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Location & Address

RE/MAX Advantage Plus
17850 Kenwood Trail
, MN