$362,000
3948 Park Avenue
Minneapolis, MN 55407
MLS# 6154584
Status: Closed
6 beds  |  2 baths  |  2784 sqft


3948 Park Avenue, Minneapolis, MN 55407
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Property Description
An incredible Bryant Duplex overlooking the incredible Phelps Field Park. An easy commute being blocks from 35W, and very centrally located within the city. Both units have charming wood burning fireplaces, original well-kept hardwood floors and natural woodwork throughout. Large units both up and down with spacious bedrooms. Extra storage downstairs and a 2 stall garage in the backyard. This is truly a great option for any investor looking to build their portfolio and gain equity! A MUST SEE!

Details
None
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Closed
Off Market Date: 2022-02-23
Contingency: None
Current Price: $362,000
Closed Date: 2022-03-24
Original List Price: 359900
ListPrice: 359900
Sales Close Price: 362000
List Date: 2022-02-18
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Number of Fireplaces: 2
Owner Occupied: No
Waterfront Present: No
Year Built: 1922
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Bath Full: 2
Baths Total: 2
Main Floor Total SqFt: 2794
Above Ground SqFt: 2784
Total SqFt: 2784
FireplaceYN: Yes
Foundation Size: 1416
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2784.00
Garage Stalls: 2
Lot Dimensions: 42.00 X 118.00
Acres: 0.12
Assessment Pending: Unknown
Location, Tax and Other Information
Legal Description: Lot 013 Block 004 ABBOTTS & SUNDBYS ADDN TO MPLS
Map Page: 120
Municipality: Minneapolis
Rental License?: No
School District Phone: 612-668-0000
House Number: 3948
Street Name: Park
Street Suffix: Avenue
Postal City: Minneapolis
Country: US
County: Hennepin
State: MN
Zip Code: 55407
Map Coordinate Source: King's Street Atlas
Property ID Number: 1102824220098
Tax Year: 2021
In Foreclosure?: No
Tax Amount: 6621
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: An incredible Bryant Duplex overlooking the incredible Phelps Field Park. An easy commute being blocks from 35W, and very centrally located within the city. Both units have charming wood burning fireplaces, original well-kept hardwood floors and natural woodwork throughout. Large units both up and down with spacious bedrooms. Extra storage downstairs and a 2 stall garage in the backyard. This is truly a great option for any investor looking to build their portfolio and gain equity! A MUST SEE!
Directions: 35W to 46th Street, East to Park Avenue, North to address.
Assessments
Tax With Assessments: 6621
Building Information
Finished SqFt Above Ground: 2784
Green Verification
Green Certification: No
Income and Expenses
Annual Caretaker Expense: 600
Annual Fuel Expense: 2091
Annual Gross Expenses: 4315
Annual Gross Income: 30000
Annual Insurance Expense: 866
Annual Maintenance Expense: 1925
Annual Trash Expense: 1920
Total Annual Expenses: 7402
Miscellaneous Information
DP Resource: Y
FIPS Code: 27053
Homestead: No
Parking Characteristics
Garage Square Feet: 600
Unit 1
# of Fireplaces: 1
Annual Rent: 15000
Bedroom 1 Dimen: 13x10
Bedroom 1 Level: Main
Bedroom 2 Dimen: 13x10
Bedroom 2 Level: Main
Bedroom 3 Dimen: 09x09
Bedroom 3 Level: Main
Dining Room Dimen: 13x11
Dining Room Level: Main
Extra Room 1: Sun Room
Extra Room 1 Dimen: 20x05
Extra Room 1 Level: Main
Finished SqFt: 1368
Full Baths: 1
Kitchen Dimen: 12x10
Kitchen Level: Main
Living Room Dimen: 20x13
Living Room Level: Main
Monthly Expense: 114
Monthly Rent: 1
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 8
Unit 2
# of Fireplaces: 1
Annual Rent: 15000
Bedroom 1 Dimen: 13x10
Bedroom 1 Level: Main
Bedroom 2 Dimen: 13x10
Bedroom 2 Level: Main
Bedroom 3 Dimen: 09x09
Bedroom 3 Level: Main
Dining Room Dimen: 13x11
Dining Room Level: Main
Extra Room 1: Sun Room
Extra Room 1 Dimen: 20x05
Extra Room 1 Level: Main
Finished SqFt: 1368
Full Baths: 1
Kitchen Dimen: 12x10
Kitchen Level: Main
Living Room Dimen: 20x13
Living Room Level: Main
Monthly Expense: 60
Monthly Rent: 1250
No. of Units Like This: 1
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 8
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Egress Windows; Full
Construction Status: Previously Owned
Exterior: Brick/Stone; Stucco
Fencing: Partial; Wood
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Hot Water
Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Medium
Neighborhood Name: Bryant
No. of Ranges: One Per Unit
No. of Refrigerators: One Per Unit
Owner Pays: Insurance; Maintenance/Repair; Taxes; Trash Collection
Parking Characteristics: Detached Garage
Pool Description: None
Road Frontage: City Street; Curbs; Sidewalks
Roof: Age 8 Years or Less; Asphalt Shingles
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity; Fuel
Unit 1: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room
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: Window
Unit 1 Dining Room Description: Separate/Formal Dining Rm
Unit 1 Fireplace Char: Wood Burning
Unit 2: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room
Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: Window
Unit 2 Dining Room Description: Separate/Formal Dining Rm
Unit 2 Fireplace Char: Wood Burning
Water: City Water/Connected

Listing Office: RE/MAX Results

Last Updated: March - 24 - 2022

3948 Park Avenue, Minneapolis, MN 55407 - MLS# 6154584
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