$595,000
240 Bedford Street SE
Minneapolis, MN 55414
MLS# 6521928
Status: Pending
6 beds  |  4 baths  |  4698 sqft


240 Bedford Street SE, Minneapolis, MN 55414
  1 / 42  
240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414 240 Bedford Street SE, Minneapolis, MN 55414

Property Description
Rare brick Prospect Park fourplex on a quiet, dead end street. Great opportunity for owner-occupant or investor. All the charm and woodwork of its born on date. Perfectly located so as to be in a quiet neighborhood yet still have easy access to the U, river, light rail or interstate. Two units currently rented to long-term tenants, two are extended stay and Airbnb for additional revenue.

Details
Contract Information
Digitally Altered Photos: No
Status: Pending
Off Market Date: 2024-05-01
Contingency: None
Current Price: $595,000
Original List Price: 595000
ListPrice: 595000
List Date: 2024-04-19
Owner is an Agent?: Yes
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
# Carport Spaces: 2
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1915
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Baths Total: 4
Main Floor Total SqFt: 1566
Above Ground SqFt: 3132
Below Grd Total SqFt: 1566
Total SqFt: 4698
Foundation Size: 1566
Style: (MF) Apartment
Total Finished Sqft: 3132.00
Lot Dimensions: 133x60
Acres: 0.18
Location, Tax and Other Information
Legal Description: LOT 011 BLOCK 002 WATSONS PROSPECT PLACE ADDN TO MPLS E 1/2
Listing City: Minneapolis
Map Page: 107
Municipality: Minneapolis
School District Phone: 612-668-0000
House Number: 240
Street Name: Bedford
Street Suffix: Street
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Zip Plus 4: 2801
Property ID Number: 3102923110110
Complex/Dev/Subdivision: Watsons Prospect Place Add
Tax Year: 2024
In Foreclosure?: No
Tax Amount: 7534
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Rare brick Prospect Park fourplex on a quiet, dead end street. Great opportunity for owner-occupant or investor. All the charm and woodwork of its born on date. Perfectly located so as to be in a quiet neighborhood yet still have easy access to the U, river, light rail or interstate. Two units currently rented to long-term tenants, two are extended stay and Airbnb for additional revenue.
Directions: 35W to MN-280 S. Continue on MN-280 S. Take Territorial Rd/University Ave Exit. Continue on N Eustis St. Take Franklin Ave to Bedford St SE. Turn Left onto Beford St SE. Home will be on the right.
Assessments
Tax With Assessments: 7534
Building Information
Finished SqFt Above Ground: 3132
Income and Expenses
Annual Gross Income: 62280
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 31
Township#: 29
Unit 1
Furnished?: N
Leased?: Y
Level: Main Level
Unit Number: 1
Annual Rent: 11940
Finished SqFt: 700
Full Baths: 1
Monthly Rent: 995
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 6
Unit 2
Furnished?: N
Leased?: N
Level: Main Level
Unit Number: 2
Annual Rent: 17400
Finished SqFt: 700
Full Baths: 1
Monthly Rent: 1450
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit 3
Furnished?: N
Leased?: N
Level: 2nd Level
Unit Number: 3
Annual Rent: 17400
Finished SqFt: 700
Full Baths: 1
Monthly Rent: 1450
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 6
Unit 4
Furnished?: N
Lease Expiration Date: 2024-07-31
Leased?: Y
Level: 2nd Level
Unit Number: 4
Annual Rent: 15540
Finished SqFt: 700
Full Baths: 1
Monthly Rent: 1295
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 6
Unit Details
Total Units: 4
Property Features
Accessible: None
Amenities Shared: Common Laundry Facility
Basement: Concrete Block
Construction Materials: Brick
Construction Status: Previously Owned
Electric: Circuit Breakers
Existing Financing: Conventional
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Boiler
Internet Options: Fiber Optic
Laundry: Common Area; In Basement
Lock Box Type: Combo
Lot Description: Tree Coverage - Medium
No. of Ranges: One Per Unit
No. of Refrigerators: One Per Unit
Owner Pays: Insurance; Sewer; Taxes; Trash Collection; Water
Parking Characteristics: None
Rental License Type: Airbnb
Road Frontage: City Street
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Unit 1 Amenities: Hardwood Floors; Natural Woodwork
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: Window
Unit 1 Dining Room Description: Separate/Formal Dining Rm
Unit 2 Amenities: Hardwood Floors; Natural Woodwork
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Main Floor Full Bath
Water: City Water/Connected

Listing Office: Keller Williams Realty Integrity-Edina

Last Updated: May - 02 - 2024

240 Bedford Street SE, Minneapolis, MN 55414 - MLS# 6521928
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.