Minneapolis, MN 55407,4153 Chicago AVE
Minneapolis, MN 55407,4153 Chicago AVE
Minneapolis, MN 55407,4153 Chicago AVE
24
$605,000
$595,000
1.7%
Est.Price: ?

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8,276 Sqft Lot

4153 Chicago AVE Minneapolis, MN 55407

Est. payment /mo
SOLD DATE : 09/21/2023

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Key Details

Sold Price $605,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision Girard Invest Co 07Th Add

MLS Listing ID 6272240

Year Built 1923

Annual Tax Amount $9,588

Tax Year 2023

Lot Size 8,276 Sqft

Property Description

An excellent investment opportunity in Minneapolis, MN, a strategically located 5-unit multifamily property with significant management & renovation potential.

Positioned on a corner lot next to a bus stop, the property offers tenants convenient transportation, increasing rental desirability. Ample parking with an existing garage foundation offers additional future revenue streams.

Separately metered for Gas and Electric protects prospective owners from utility cost increases. The roof was recently inspected in 2021 & is performing well, along with the rest of the mechanicals.

Units 4 & 5 will be vacant by 9/30/23 and #1 is currently left vacant for ease of 1st showings.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Boiler

Cooling Window Unit(s)

Exterior

Garage Detached

Garage Spaces 3.0

Utilities Available Electric Separate, Heating Separate

Roof Type Flat

Building

Lot Description Corner Lot

Foundation 2200

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone,Stucco

Schools

School District Minneapolis

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Listed by Nathan Schammel • MRG Realty Partners, LLC

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Austin Siewert

Team Lead | License ID: 88318-94

+1(608) 720-8996

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