3247 Aldrich Avenue N, Minneapolis, MN 55412

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1915
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 972
Above Ground SqFt: 2494
Total SqFt: 2494
Foundation Size: 972
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2494.00
Lot Dimensions: 46 x 127
Acres: 0.13
Assessment Pending: No
Below Grd Total SqFt: 0
Garage Stalls: 0

Property Features

Accessible: None Amenities Shared: Porch Basement: Full Construction Status: Previously Owned Existing Financing: FHA Exterior: Vinyl Foundation: Concrete Block Fuel: Natural Gas Heating: Baseboard Lock Box Type: Combo Pool Description: None Rental License Type: Standard Road Frontage: City Street; Paved Streets Sellers Terms: Assumable; Cash; Contract for Deed; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Unit 1 Amenities: Walk-In Closet; Hardwood Floors; Natural Woodwork; Patio; Porch Unit 1 Appliances: Range; Refrigerator Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: None Unit 1 Special Search: Main Floor Bedroom; Rehabbed; 3 BR on One Level Unit 2 Amenities: Walk-In Closet; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Porch Unit 2 Appliances: Range; Refrigerator Unit 2 Special Search: Main Floor Bedroom; Rehabbed; 3 BR on One Level Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 320000
ListPrice: 320000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 3247
Street Name: Aldrich
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Complex/Dev/Subdivision: Bakers 4th Add

Building Information

Finished SqFt Above Ground: 2494

Income and Expenses

Annual Gross Expenses: 4800
Annual Gross Income: 42000
Annual Insurance Expense: 2300
Annual Maintenance Expense: 1000
Annual Net Income: 37200
Annual Trash Expense: 500
Annual Water/Sewer Expense: 1000
Total Annual Expenses: 4800
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Repair Expense: 0

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 09
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Annual Rent: 18000
Finished SqFt: 972
Full Baths: Yes
Monthly Rent: 1500
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit 2

Furnished?: No
Leased?: No
Unit Number: 2
Annual Rent: 24000
Finished SqFt: 1522
Full Baths: Yes
Monthly Rent: 1800
No. of Units Like This: Yes
Oth Parking Spaces: 2
Total Baths: Yes
Total Bedrooms: 4
Total Rooms: 9

Unit Details

Total Units: 2

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 002 BLOCK 035 BAKERS 4TH ADDN TO MPLS
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2818
Property ID Number: 0902924140122
Tax Year: 2024
Tax Amount: 3587.08
In Foreclosure?: Not disclosed
Potential Short Sale?: Not disclosed
Lender Owned?: Not disclosed

Directions & Remarks

Public Remarks: Great for investors. 4 bedrooms/1bath upstair with finished attic. 3 bedrooms/1bath first floor. Sump Pump installed. New high efficiency Combo Boilers for each unit and insulation through the whole building in 2025.
Directions: HWY 94 TO DOWLING, WEST TO ALDRICH, SOUTH TO PROPERTY

Accessible

None: Yes

Amenities Shared

Porch: Yes

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Basement

Full: Yes

Construction Status

Previously Owned: Yes

Existing Financing

FHA: Yes

Exterior

Vinyl: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes

Lock Box Type

Combo: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes

Sellers Terms

Assumable: Yes
Cash: Yes
Contract for Deed: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Unit 1 Amenities

Walk-In Closet: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes
Patio: Yes
Porch: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Bath Description

Main Floor Full Bath: Yes

Unit 1 Cooling

None: Yes

Unit 1 Special Search

Main Floor Bedroom: Yes
Rehabbed: Yes
3 BR on One Level: Yes

Unit 2 Amenities

Walk-In Closet: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Porch: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Special Search

Main Floor Bedroom: Yes
Rehabbed: Yes
3 BR on One Level: Yes