$1,360,000
1703 Fillmore Street NE
Minneapolis, MN 55413
MLS# 6252788
Status: Closed



1703 Fillmore Street NE, Minneapolis, MN 55413
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Property Description
Welcome to 1703 Fillmore Street NE! The site consists of two neighboring four-plexes - 1703/05 Fillmore and 1709/11 Fillmore. If you can believe it, the great-grandfather of the current owner actually built these two four-plexes back in 1900! And the property has NEVER been sold! Each of the four upper-level units consists of 4 BR/1 BA, sunroom space included. The four lower-level units are 3 BR/1 BA units, sunroom space included. Seven of the eight residents are on month-to-month leases - rent roll attached to the supplements. Five of the eight units have newer furnaces. City of Minneapolis permits puts both roofs at 2008. Electrics have also been updated. There are two three-stall garages out back with eight surface lot spots between them. Opportunity here to add instant equity by sub-diving the lot into two PIDs! This is a value-add opportunity – please be sure to include an as-is addendum in all PA’s.

Details
Documents
None
Allow Auto Valuation: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Status: Closed
Off Market Date: 2022-09-07
Current Price: $1,360,000
Closed Date: 2022-09-30
Sales Close Price: 1360000
Original List Price: 1200000
Contingency: None
ListPrice: 1200000
List Date: 2022-08-24
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 8
Owner Occupied: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 5152
Garage Stalls: 6
For Sale or Lease: For Sale
Acres: 0.43
Lot Dimensions: Irregular
Assessment Pending: No
Location, Tax and Other Information
Legal Description: BLOCK 004 HONNETTES ADDN TO MPLS LOTS 7 8 AND 9 BLK 4
Map Page: 106
Municipality: Minneapolis
Rental License?: No
School District Phone: 612-668-0000
Map Coordinate Source: King's Street Atlas
House Number: 1703
Street Name: Fillmore
Street Suffix: Street
Street Direction Suffix: NE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55413
Zip Plus 4: 1255
Property ID Number: 1302924210082
Tax Year: 2022
Tax Amount: 17319
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Welcome to 1703 Fillmore Street NE! The site consists of two neighboring four-plexes - 1703/05 Fillmore and 1709/11 Fillmore. If you can believe it, the great-grandfather of the current owner actually built these two four-plexes back in 1900! And the property has NEVER been sold! Each of the four upper-level units consists of 4 BR/1 BA, sunroom space included. The four lower-level units are 3 BR/1 BA units, sunroom space included. Seven of the eight residents are on month-to-month leases - rent roll attached to the supplements. Five of the eight units have newer furnaces. City of Minneapolis permits puts both roofs at 2008. Electrics have also been updated. There are two three-stall garages out back with eight surface lot spots between them. Opportunity here to add instant equity by sub-diving the lot into two PIDs! This is a value-add opportunity – please be sure to include an as-is addendum in all PA’s.
Directions: Fillmore St NE
Assessments
Tax With Assessments: 17319
Basement
Foundation Dimensions: 50'x100'
Building Information
Building Finished SqFt: 10696
Building SqFt: 15848
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27053
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 13
Township#: 29
Sale Options
Sale Includes: Building,Fixture/Equipment,Land,Leases,Rental License
Unit 3
No. of 3 Bedroom Units: 8
Unit Details
Total Units: 8
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone; Stucco
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional; Conventional Rehab; Other
Lock Box Type: Combo
Neighborhood Name: Northeast Park
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Parking Characteristics: Carport; Detached Garage
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: DRG

Last Updated: October - 01 - 2023

1703 Fillmore Street NE, Minneapolis, MN 55413 - MLS# 6252788
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