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Key Details
Sold Price $590,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,637 sqft
Price per Sqft $162
Subdivision Sibley Add To St Anth
MLS Listing ID 5201255
Sold Date 06/04/19
Year Built 1900
Annual Tax Amount $5,758
Tax Year 2019
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 x 129
Property Description
2 duplexes on 1 lot * Addresses are 703 Jefferson St NE and 667 Summer Street NE * Tier 1 rental license on 667 Summer * Excellent tenants * 703 Jefferson St NE is currently used by owner * Rental value for 703 is estimated to be $1500/mo per unit 2 = $3,000/ mo * Units are bright with tall ceilings and tasteful finishes including new kitchens, baths, 22 new windows * Buildings were substantially remodeled in since 2012 by licensed contractors including heating electric and plumbing * Both roofs and the siding on was new in 2017 * Perennial gardens to enjoy from Spring to Fall.* Showing times on 667 Summer limited to Tuesday, Wednesday and Friday from 10 AM -3 PM and Sunday from Noon to 4 PM. 703 Jefferson is available for showing.
Seller's preference it to sell this property in conjunction with 707 Jefferson St NE listed at $290,000 at a (reduced) combined price of $850,000 for all 3 duplexes, 6 units total, plus garage.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Garage On-Street Parking Only
Fence None
Roof Type Age 8 Years or Less,Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Story Two
Foundation 1845
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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