$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



Half Baths

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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.

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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

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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