Minneapolis, MN 55408,2929 2nd AVE S
Minneapolis, MN 55408,2929 2nd AVE S
Minneapolis, MN 55408,2929 2nd AVE S
11
$355,500
$380,000
6.4%
Est.Price: ?

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2,992 SqFt

2929 2nd AVE S Minneapolis, MN 55408

Est. payment /mo
SOLD DATE : 11/14/2024

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Key Details

Sold Price $355,500

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,992 sqft

Price per Sqft $118

Subdivision Boulevard Add

MLS Listing ID 6603537

Sold Date 11/14/24

Year Built 1910

Annual Tax Amount $7,312

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42x126

Property Description

Charming 1910-built 4-plex, owned for 14 years, is the perfect investment opportunity. Each of the four 1-bedroom, 1-bathroom units boasts hardwood floors, an open-concept living and dining area, and timeless character. Located just minutes from downtown Minneapolis with easy highway access, residents will love being close to lakes, trails, shops, restaurants, and cafes. The property features a newer roof (less than 8 years old), a 2-stall garage, and three additional parking spaces, offering potential for extra income. Four storage units, two currently rented out, further enhance income potential. With leases set to renew (three expiring in October and one in December), this property has a proven history of always being rented. Priced competitively for a quick sale, don't miss out on this investment opportunity!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Basement Egress Window(s), Concrete, Stone/Rock, Unfinished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Detached, Asphalt, More Parking Offsite for Fee

Garage Spaces 2.0

Fence Chain Link, Partial, Wood

Roof Type Rolled/Hot Mop,Flat

Building

Lot Description Tree Coverage - Medium

Story Two

Foundation 945

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco,Vinyl Siding

New Construction false

Schools

School District Minneapolis

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Listed by Carissa Kemnitz • Coldwell Banker Realty

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J B

Real Estate Adviser | License ID: 40713539

+1(612) 607-3999

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