9 E 37th Street, Minneapolis, MN 55409 (MLS# 7005957)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 986
Above Ground SqFt: 2148
Below Grd Total SqFt: 840
Total SqFt: 2988
Foundation Size: 840
Style: (MF) Four Plex
Total Finished Sqft: 2148.00
Lot Dimensions: 45x76
Acres: 0.08
Assessment Pending: Unknown
Garage Stalls: 0

Property Features

Accessible: None Basement: Full Construction Status: Previously Owned Exterior: Stucco; Wood Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Laundry: In Basement Rental License Type: Standard Roof: Age 8 Years or Less Sewer: City Sewer/Connected Stories: Two Water: City Water - In Street

Contract Information

Contingency: None
Original List Price: 235000
ListPrice: 180000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 9
Street Direction Prefix: E
Street Name: 37th
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Higman Ridgway & Cos Add

Assessments

Tax With Assessments: 3766
Assessment Balance: 0

Basement

Foundation Dimensions: 42x20
Full: Yes

More Information

Building Information

Finished SqFt Above Ground: 2148

Income and Expenses

Annual Gross Expenses: 10000
Annual Gross Income: 48000
Annual Insurance Expense: 3000
Annual Maintenance Expense: 1000
Annual Net Income: 38000
Annual Repair Expense: 1000
Annual Trash Expense: 1000
Annual Water/Sewer Expense: 1000
Total Annual Expenses: 10000
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 03
Township#: 28

Unit 1

Furnished?: No
Leased?: No
Unit Number: Yes
Annual Rent: 12000
Full Baths: Yes
Monthly Expense: 200
Monthly Rent: 1000
No. of Units Like This: 3
Total Baths: Yes
Total Bedrooms: Yes
Total Rooms: Yes

Unit 2

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: 2
Annual Rent: 1200
Full Baths: Yes
Monthly Expense: 200
Monthly Rent: 1200
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 2
Total Rooms: 3

Unit Details

Total Units: 4

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: BLOCK 002 HIGMAN RIDGWAY & COS ADDN TO MPLS E 45 FT OF LOTS 30 AND 31
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 3201
Property ID Number: 0302824430158
Tax Year: 2026
Tax Amount: 3600
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: ***Proof of funds required for any showing.*** This is your opportunity to own a convenient 4-plex in an in-demand part of South Minneapolis. Bring your vision to re-energize this unique property. This property is condemned and will need almost everything done on the inside, but the exterior is in good shape. Serious investors only. Grow your investment portfolio with this 4-plex!
Directions: Nicollet to 37th. East to home.

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Stucco: Yes
Wood: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Laundry

In Basement: Yes

Rental License Type

Standard: Yes

Roof

Age 8 Years or Less: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water - In Street: Yes

9 E 37th Street, Minneapolis, MN 55409

Overview

Description

Listing Details MLS# 7005957