Description
Amazing opportunity for an owner occupied duplex or to add to an investment portfolio. Live in the big unit and the mortgage payment is less than you would have on a $300,000 house when adding in your rental income!
Same owner for the past 20 years, not one full month of vacancy over that time!
Welcome to 735 NE Madison St, a charming duplex nestled in the heart of Minneapolis, MN. This multi-family property offers a unique opportunity for both homeowners and investors alike. The duplex features a classic design that blends seamlessly with the vibrant neighborhood, providing a perfect balance of comfort and convenience.
Each unit is thoughtfully designed to maximize space and functionality. Parking is a breeze with the attached garage, ensuring your vehicles are protected from the elements year-round. Additionally, the property includes common storage areas, providing extra space for all your belongings. New roof and siding in past 12 months!
The location of this duplex is truly unbeatable. Situated in a lively community, residents can enjoy easy access to local amenities, dining, and entertainment options. Whether you're taking a leisurely stroll through nearby parks or exploring the vibrant local scene, there's always something to do.
This property is a fantastic opportunity for those seeking a versatile living arrangement or a promising investment in a sought-after area. Don't miss your chance to own a piece of Minneapolis charm at 735 NE Madison St. Schedule a viewing today and discover the potential this duplex has to offer. Seller has invested 75k into the building in the past 2 years, so you can enjoy this wonderful property with peace of mind!
Property Details
- Sewer InformationCity Sewer/Connected, City Sewer - In Street
- Utility SourceCity Water/Connected, City Water - In Street
- SubdivisionSibley Add To St Anth
- Basement DescriptionPartial, Unfinished
- RoofAge 8 Years or Less
- Property SubtypeDuplex Up and Down
- Parcel Number1402924420021
- Property TypeMulti-Family
- School DistrictMinneapolis
- HeatingForced Air
- CountyHennepin
- MLS #6704266
- MLS #6704266
- Taxes Annual$8,734
- Cost550000
- Square Feet3932
- Year Built1900
- Days on Market (Cumulative)45
- Parking Spaces2
- Basement1
- Basement Finished1
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: K Charles Marggraf (#NST502016955)
Listing Office: Compass (#NST49138)
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