$570,000 5529 Nicollet Avenue Minneapolis, MN

ID: 5717309   Type: Pending   County: Hennepin   City: Minneapolis   Area: Wallace Nicollet 55th St Add   Neighborhood: Windom   Zip: 55419   Style: Residential Income     Stories: 2   Taxes: $7,900

Mortgage $2,676 /mo

Beds

Baths

Half Baths

Sqr Footage

Lot Size

Built

6

3

0

3,714

5,663

1952

Welcome to this exceptional property in Southwest Minneapolis. This traditional up and down duplex offers an opportunity for both investors and owner occupants alike. Work done in 2019 - Full kitchen and bathroom renovations in both units. New paint throughout, added an egress window and bedroom in lower unit (4 bed/2ba), Radon mitigation system, Nest thermostats in both units, New washer/dryer in both units, New tile in lower level unit, New roof, Grading, mulch, and exterior clean-up w/ new exterior paint on front. The detached 4 car garage is virtually unheard of in a property like this and offers additional rental income opportunities. The location is ideal being directly on the bus line, walking distance to coffee shops, restaurants and close to 2 grocery stores. And, the property falls into the highly sought after Southwest High School District. This property is a must see.

Elementary School

Middle School

High School

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Distance: N/A Miles
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Price History

4/5/2021 Listed $570,000

Accessibility None
Association Amenities Deck
Basement Full, Finished, Drain Tiled, Drainage System, Sump Pump, Daylight/Lookout Windows, Egress Window(s), Block, Single Tenant Access
Construction Materials Stucco, Brick/Stone, Fiber Cement
Contingency None
Electric Circuit Breakers
Fuel Expense 1200
Garage Spaces 4
Heating Forced Air
High School District Minneapolis
Lender Owned No
New Construction N
Parking Features Detached, Garage Door Opener
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt, Age 8 Years or Less
Sewer City Sewer/Connected
Standard Status Pending
Subdivision Name Wallace Nicollet 55th St Add
Tax Annual Amount 7900
Total Units 2
Water Sewer Expense 1780
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 2652
Below Grade Finished Area 1062
Fireplace Y/N N

Exterior Features

Foundationarea 1326
Lot Dimensions 45x126
Lot Size Area 0.13
Lot Size Units Acres
Road Frontage Type City Street, Curbs, Sidewalks, Street Lights, Storm Sewer
Water Source City Water/Connected
Waterfront Y/N N

Property Schools



Direct Link:

https://www.minnesotahomesite.com/property/133-5717309-5529-Nicollet-Avenue-Minneapolis-MN-55419

Gallery (30 photos)

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Property vs Zip Code Avg (55419)

Price 570K Avg 508K

Sqr Feet 3,714 Avg 2,114

Cost / Sqr Ft $153 Avg $241

Taxes $7,900 Avg $5,992

Acres 0.13 Avg 0.14

Visits 41 Avg 54

Days on Site 39 Avg 34

Walkscore® 70 Avg 62

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Keller Williams Integrity Realty




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Location & Address

RE/MAX Advantage Plus
17850 Kenwood Trail
, MN
651-401-7058