$209,900
3619 Colfax Avenue N
Minneapolis, MN 55412
MLS# 6514156
3 beds  |  2 baths  |  2789 sqft


3619 Colfax Avenue N, Minneapolis, MN 55412
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Property Description
Great owner occupant or investor opportunity! This duplex features stunning hardwood floors, natural woodwork, fenced in backyard, and off street parking. Recent updates include a newer boiler and water heater! Super solid bones with a full unfinished basement! Lower unit is a 2 bed 1 bath and the upper unit is a 1 bed 1 bath. Tenants are on month to month leases and pay their own electric. Monthly gross rents are currently $2,150 with room to raise them to market rate! Great location with easy freeway access!

Details
Contract Information
Digitally Altered Photos: No
Status: Active
Contingency: None
Current Price: $209,900
Original List Price: 239900
ListPrice: 209900
List Date: 2024-04-28
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1923
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 3
Baths Total: 2
Main Floor Total SqFt: 1143
Above Ground SqFt: 1646
Below Grd Total SqFt: 1143
Total SqFt: 2789
Foundation Size: 1130
Style: (MF) Duplex Up and Down
Total Finished Sqft: 1646.00
Lot Dimensions: 125 X 40
Acres: 0.12
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: LOT 011 BLOCK 013 WALTON PARK
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District Phone: 612-668-0000
House Number: 3619
Street Name: Colfax
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Zip Plus 4: 2466
Property ID Number: 0402924440111
Complex/Dev/Subdivision: Walton Park
Tax Year: 2023
In Foreclosure?: No
Tax Amount: 3188
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Great owner occupant or investor opportunity! This duplex features stunning hardwood floors, natural woodwork, fenced in backyard, and off street parking. Recent updates include a newer boiler and water heater! Super solid bones with a full unfinished basement! Lower unit is a 2 bed 1 bath and the upper unit is a 1 bed 1 bath. Tenants are on month to month leases and pay their own electric. Monthly gross rents are currently $2,150 with room to raise them to market rate! Great location with easy freeway access!
Directions: 36th ave N to Colfax Ave N
Assessments
Tax With Assessments: 3188
Basement
Foundation Dimensions: 26 X 49
Building Information
Finished SqFt Above Ground: 1646
Income and Expenses
Annual Fuel Expense: 1349
Annual Gross Income: 25819
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 04
Township#: 29
Unit 1
Furnished?: N
Leased?: Y
Level: Main Level
Unit Number: 1
Annual Rent: 14400
Finished SqFt: 1143
Full Baths: 1
Monthly Rent: 1200
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 7
Unit 2
Furnished?: N
Leased?: Y
Level: 2nd Level
Unit Number: 2
Annual Rent: 11400
Finished SqFt: 503
Full Baths: 1
Monthly Rent: 950
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Amenities Shared: Coin-op Laundry Owned
Basement: Full; Unfinished
Construction Materials: Block
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Brick/Stone; Stucco
Fencing: Chain Link
Fuel: Natural Gas
Heating: Boiler
Laundry: Common Area; In Basement
Lock Box Type: Supra
No. of Ranges: Two
No. of Refrigerators: Two
Owner Pays: Gas; Insurance; Sewer; Taxes; Trash Collection; Water
Parking Characteristics: Paved Lot
Rental License Type: Standard
Roof: Age Over 8 Years
Sellers Terms: Cash; Conventional; FHA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Unit 1 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 2 Amenities: Hardwood Floors; Kitchen Window
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Upper Level Full Bath
Unit 2 Cooling: None
Unit 2 Dining Room Description: Eat In Kitchen
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: May - 14 - 2024

3619 Colfax Avenue N, Minneapolis, MN 55412 - MLS# 6514156
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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.