$474,900

5421 Chicago AvenueMinneapolis, MN 55417

Type: Multi-Family

2 Units

Description

Terrific 1-story side-by-side duplex in South Minneapolis! Nice features include all brick exterior, 2 car garage with new siding/roof/trim, original hardwood floors, baths with vintage tile, true dining rooms, and individual mechanicals (including central air conditioning) and washers/dryers for each side. The 5421/north side is vacant and has a just-remodeled bathroom with new glass block window, tile, shower shelves, fixtures, fresh paint, and re-glazed tub. The 5423/south side will be vacant Sep 1. 5423 has a fully fenced patio on the south side, and a 2nd bathroom and family room in the lower level. Both sides have been quick to rent in the past. Great location! Just a few blocks from many restaurants, Kowalski’s grocery, Minnehaha Parkway, and Lake Nokomis.

MLS ID: 6344954

Directions: 3 blocks south of Minnehaha Parkway on Chicago.

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Property Details

Essential Details

MLS #: 6344954

Listing courtesy of: Edina Realty, Inc.

Price: $474,900

Type: Multi-Family

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Total Units: 2

Annual Gross Income: $30,000

Operating Expense: $6,207

Annual Gross Expense: $6,207

Annual Insurance Expense: $3,800

Annual Maintenance Expense: $200

Annual Other Expense: $200

Annual Annual Expense: $1,003

Annual Water/Sewer Expense: $1,004

Tenant Pays: Cable TV, Electricity, Fuel, Insurance, Grounds Care, Snow Removal

Owner Pays: Insurance, Repairs, Taxes, Trash Collection, Water

Parking Features: Assigned, Detached, Garage Door Opener, More Parking Onsite for Fee

Garage Dimensions: 20x20

Garage SqFt: 400

Garage Spaces: 2

Building Details

Owner Occupied: No

Finished SqFt Total: 2,494

Finished Above Grade: 1,689

Finished Below Grade: 805

Fireplace: No

Construction Materials: Brick/Stone

AccessibilityFeatures: None

Roof: Age Over 8 Years, Architecural Shingle, Asphalt, Pitched

Heating: Forced Air

Electric: Circuit Breakers

Style: Duplex Side by Side

Foundation Area: 1,689

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Present Use: Yearly

Number of Ranges: Two

Number of Refrigerators: Two

Lot Details

Complex/Dev/Sub Name: Edgewater On Nokomis 2nd Add

Lot Dimensions: 50x122

Fence: Partial

Road Frontage: City Street, Sidewalks

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 23

Survey Township: 28

Taxes

Tax Year: 2023

Tax Amount: $6,818

Assessment Pending: No

Taxes w/Assessments: $6,818

This listing was last updated by Edina Realty, Inc. on 8/11/2023 at 9:59 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 4/29/2024 12:45 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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