Minneapolis, MN 55418,1000 24th AVE NE
Minneapolis, MN 55418,1000 24th AVE NE,Video Tour
Minneapolis, MN 55418,1000 24th AVE NE
Minneapolis, MN 55418,1000 24th AVE NE
Minneapolis, MN 55418,1000 24th AVE NE
Minneapolis, MN 55418,1000 24th AVE NE
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$ 585,000
Est. payment | /mo

3,713 SqFt


$ 585,000
Est. payment | /mo

3,713 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Contingent

Purchase Type For Sale

Square Footage 3,713 sqft

Price per Sqft $157

Subdivision Wilsons Rgt Blks East Side Add

MLS Listing ID 6658949

Year Built 1907

Annual Tax Amount $8,142

Tax Year 2024

Contingent Inspection

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 36x90

Property Sub-Type Duplex Up and Down

Property Description

There is SO MUCH POTENTIAL with this 10 bedroom, 3 bathroom property - owner occupants, investors and multi-generational living situations take note! Recently renovated and zoned as a duplex, the first floor is owner-occupied (3 bed/1 bath), the second floor is leased through April (3 bed/1 bath), and the third floor has 4 bedrooms and a shared bathroom used as short-term rentals. The owner has both Tier 1 and Short-term active rental licenses. The second and third floors are connected by a private staircase which would allow for a large 7-bedroom, 2 bath unit across the upper floors. A triplex conversion could be possible with some modifications, please do your research with City of Minneapolis. See 3D Matterport tour and floorplans for layout.

You will find fresh paint and lighting throughout the property, tons of natural light, new or refinished flooring, and new windows on the second and third floors. The first floor windows may also qualify for replacement through a City program. There is private laundry on the first floor (perfect for an owner occupant) and shared laundry in the basement used by tenants. Two electrical panels, boilers, and water heaters are currently split between the first level and the second/third levels. Other features include a newer roof and boilers, a cute little back porch for summer evenings, and a one stall garage. Located a block from Central and Lowry Avenues in the heart of Northeast Minneapolis, enjoy easy access to bus lines, shopping, and so many wonderful restaurants and local art buildings!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Full, Shared Access, Stone/Rock, Unfinished

Interior

Heating Boiler, Radiator(s)

Fireplace No

Exterior

Parking Features Detached, Concrete

Garage Spaces 1.0

Roof Type Age 8 Years or Less,Asphalt

Building

Lot Description Public Transit (w/in 6 blks), Corner Lot

Story More Than 2 Stories

Foundation 1356

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Vinyl Siding

New Construction false

Schools

School District Minneapolis

Others

Virtual Tour https://my.matterport.com/show/?m=vYrmjyJQY41&mls=1

Listed by Marisa Lee • Keller Williams Realty Integrity Lakes
agent
Paul Ekstrom

Broker | Owner | Team Leader | License ID: 40560749

+1(612) 749-8404 | paul@thepauleteam.com

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1000 24th AVE NE