$559,000
2932 Park Avenue
Minneapolis, MN 55407
MLS# 6420960
Status: Pending
7 beds  |  7 baths  |  5526 sqft


2932 Park Avenue, Minneapolis, MN 55407
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Property Description
Multi Family home--3rd floor is a 2 bedroom/2 bath apartment with a separate entrance. Rents for $1,400--below mkt due to amazing tenants that have leased for 7+ years. There are 5 bedrooms/5 bths on the first 2 floors of this beautiful Queen Anne Victorian (individual rooms rent for $500-$725, again below mkt value). The 3 kitchens have hardwood cabinetry, granite countertops, stone floors & SS appliances. All bathrooms have stone floors and marble top vanities. Beautiful original ornate woodwork oak & cherry, gleaming HW floors recently refinished. Energy efficient windows & insulation updated.. Exterior painted fall of 2022. 60K roof in 2023. Built by "TP" Healy in 1890, the George F. Hitchcock has been featured in "Old House Journal". After 20 years the owner is retiring and moving to AZ.

Details
None
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Pending
Off Market Date: 2024-05-08
Contingency: None
Current Price: $559,000
Original List Price: 736800
ListPrice: 559000
List Date: 2023-08-21
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Year Built: 1890
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 7
Baths Total: 7
Main Floor Total SqFt: 1510
Above Ground SqFt: 4016
Below Grd Total SqFt: 1510
Total SqFt: 5526
Foundation Size: 1510
Style: (MF) Duplex Up and Down
Total Finished Sqft: 4146.00
Power Company: Xcel Energy
Lot Dimensions: 43x118
Acres: 0.12
Location, Tax and Other Information
Legal Description: LOT 002 BLOCK 001 WOOD & SMITH SUBD LOT 1 EMERSONS ADDN
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
Rental License?: Yes
School District Phone: 612-668-0000
House Number: 2932
Street Name: Park
Street Suffix: Avenue
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Zip Plus 4: 1328
Property ID Number: 3502924330147
Tax Year: 2023
In Foreclosure?: No
Tax Amount: 4268
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Multi Family home--3rd floor is a 2 bedroom/2 bath apartment with a separate entrance. Rents for $1,400--below mkt due to amazing tenants that have leased for 7+ years. There are 5 bedrooms/5 bths on the first 2 floors of this beautiful Queen Anne Victorian (individual rooms rent for $500-$725, again below mkt value). The 3 kitchens have hardwood cabinetry, granite countertops, stone floors & SS appliances. All bathrooms have stone floors and marble top vanities. Beautiful original ornate woodwork oak & cherry, gleaming HW floors recently refinished. Energy efficient windows & insulation updated.. Exterior painted fall of 2022. 60K roof in 2023. Built by "TP" Healy in 1890, the George F. Hitchcock has been featured in "Old House Journal". After 20 years the owner is retiring and moving to AZ.
Directions: 2932 Park Ave is between East Lake Street and East 29th Street
Assessments
Tax With Assessments: 4268
Building Information
Finished SqFt Above Ground: 4016
Finished SqFt Below Ground: 130
Income and Expenses
Annual Insurance Expense: 2748
Annual Trash Expense: 915
Annual Water/Sewer Expense: 1230
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 35
Township#: 29
Unit 1
Furnished?: N
Leased?: N
Unit Number: 1
1/2 Baths: 2
Finished SqFt: 3150
Full Baths: 3
No. of Units Like This: 1
Total Baths: 5
Total Bedrooms: 5
Total Rooms: 12
Unit 2
Furnished?: N
Leased?: N
Unit Number: 2
3/4 Baths: 1
Annual Rent: 15900
Full Baths: 1
Monthly Rent: 1323
No. of Units Like This: 1
Total Baths: 2
Total Bedrooms: 2
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned; Deck; Patio; Porch
Assumable Loan: Not Assumable
Basement: Full
Construction Status: Previously Owned
Electric: 200+ Amp Service
Existing Financing: ARM/GPM
Exterior: Shakes; Wood; Other
Fencing: Full; Wood; Other
Fuel: Natural Gas
Heating: Forced Air
Lot Description: Tree Coverage - Medium
No. of Ranges: Three
No. of Refrigerators: Three
Owner Pays: Insurance; Trash Collection; Water
Parking Characteristics: Driveway - Gravel; Uncovered/Open
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street; Paved Streets
Roof: Age 8 Years or Less; Asphalt Shingles
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: More Than 2 Stories
Tenant Pays: Broadband; Electricity; Fuel; Snow Removal
Unit 1 Amenities: Balcony; Ceiling Fan(s); Deck; Hardwood Floors; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Patio; Porch; Primary Bedroom Walk-in Closet; Tile Floors; Wet Bar
Unit 1 Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator; Washer
Unit 1 Bath Description: Bathroom Ensuite; Main Floor 1/2 Bath; Main Floor Full Bath; Private Primary; Upper Level 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Walk-In Shower Stall
Unit 1 Cooling: Central
Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm
Unit 1 Family Room Characteristics: Main Level
Unit 1 Fireplace Char: Living Room; Other
Unit 2 Amenities: Walk-In Closet; Balcony; City View; French Doors; Kitchen Window; Tile Floors
Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 2 Bath Description: Full Primary; Main Floor 3/4 Bath; Walk-In Shower Stall
Unit 2 Cooling: Central
Unit 2 Dining Room Description: Eat In Kitchen
Water: City Water/Connected

Listing Office: Savvy Avenue, LLC

Last Updated: May - 08 - 2024

2932 Park Avenue, Minneapolis, MN 55407 - MLS# 6420960
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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.