3032 14th Avenue S, Minneapolis, MN 55407 (MLS# 7012698)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1907
Yearly/Seasonal: Yearly
Main Floor Total SqFt: 1225
Above Ground SqFt: 2450
Below Grd Total SqFt: 1200
Total SqFt: 3650
Foundation Size: 1200
Style: (MF) Four Plex
Total Finished Sqft: 3650.00
Lot Dimensions: 55.3x126
Acres: 0.16
Assessment Pending: Yes
Garage Stalls: 0

Property Features

Accessible: None Basement: Full Construction Status: Previously Owned Exterior: Cement Board Foundation: None Fuel: Natural Gas Heating: Other Sewer: City Sewer - In Street; City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: Inspection
Original List Price: 429000
ListPrice: 389000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 3032
Street Name: 14th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: L & R Sub Lawrence & Reeves Outlots

Assessments

Tax With Assessments: 7117
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2450
Finished SqFt Below Ground: 1200

More Information

Income and Expenses

Annual Caretaker Expense: 3450
Annual Electric Expense: 1245
Annual Fuel Expense: 1142
Annual Gross Expenses: 25107
Annual Gross Income: 37748
Annual Insurance Expense: 1200
Annual Trash Expense: 600
Annual Water/Sewer Expense: 450
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 02
Township#: 28

Unit 1

Furnished?: No
Leased?: Yes
Unit Number: Yes
Full Baths: Yes
No. of Units Like This: 4
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: 2

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 001 L & R SUBD LAWRENCE & REEVES OUTLOTS LOT 9 AND THE N 15 8/10 FT OF LOT 10 LOTS 9 AND 10
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1410
Property ID Number: 0202824120031
Tax Year: 2025
Tax Amount: 6798
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 4-1br and 1 ba units. Newer Roof(2019). Great income opportunity! $875, $900, $1150, and $1100 for rents. Opportunity for $4400+ a month in gross rents with tenants paying their own heat and electricity. Creative eclectic neighborhood. Off-street parking. Coin op laundry in basement. Space for gardening. Near Midtown Global Market, Powderhorn Park, Mercado Central, May Day Café, and Reverie. 2 blocks to the Midtown Greenway. Short bike ride or bus ride to downtown, U of M, and light rail Blue Line.
Directions: Bloomington Ave West on 31st St N on 14th to Hom.

Accessible

None: Yes

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Exterior

Cement Board: Yes

Foundation

None: Yes

Fuel

Natural Gas: Yes

Heating

Other: Yes

Sewer

City Sewer - In Street: Yes
City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

3032 14th Avenue S, Minneapolis, MN 55407

Overview

Description

Listing Details MLS# 7012698