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2621-2623 Colfax AVE S Minneapolis, MN 55408
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Key Details
Sold Price $530,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,678 sqft
Price per Sqft $197
Subdivision Barons Sub Lt 3 R P Russell Ou
MLS Listing ID 5472450
Sold Date 02/27/20
Year Built 1908
Annual Tax Amount $7,581
Tax Year 2019
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x129
Property Sub-Type Quadruplex
Property Description
MULTIPLE OFFERS: HIGHEST/BEST DUE TUESDAY, FEB 4TH @ 11AM.
Talk about location! Terrific 4-plex in the heart of Lowry Hill East in Uptown! Perfect investment with great rents and renters! Upper units are 646 fsf, Main units are 670 fsf, each with 1 large bedroom,1 full bath, hardwood floors and high ceilings. Main level units have access to basement with laundry, storage, and mechanicals. There are 4 off-street parking spots in the back and plenty of on-street parking as well. Tenants pay a fixed utility rate (+$75/month) reflected in their monthly rent. Ideal location that rents itself!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Concrete, Open
Fence None
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 1300
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Minneapolis
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