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1221 / 1223 Mount Curve Avenue, Minneapolis, MN 55403

$1,200,000
  • 1221 / 1223 Mount Curve Avenue, Minneapolis, MN 55403 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET5,338 MLS#7161363
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONCic 1668 1221-1223 Mt Curve Ave SCHOOLMinneapolis

Property Description

Spectacular Lowry Hill Duplex that has been thoughtfully updated, while retaining much of the rich, original details and historic charm. Outstanding investment opportunity, property is currently owner occupied on the main level, the LL apt and upper level unit are rented through AirBnB, generating $90,000 - $100,000 annually. The property features a gracious front yard with welcoming horseshoe walkway and seating areas. Entering the main level unit through the central main door you experience restored leaded glass windows and surprisingly large, bright and open floor plan for a property built in 1914. Grand living room with stunninlg leaded glass, windows, hardwood floors, fireplace with wood burning stove insert, built in bookcases and crown molding with picture mold. Living room opens to main level family room. Formal dining room features beautiful, glass front built-ins and French doors into the kitchen, which has windows on three sides, maple cabinetry and high-end stainless appliances, including Viking range. Primary suite has private ¾ enSuite bathroom. Two additional bedrooms and a full hall bathroom round out the main level. LL offers shared laundry space for main level unit and LL guest suite, storage, utility room and access to attached garage. Walkout LL guest suite has living room, eat in kitchenette, bedroom, ¾ bathroom and sunroom. It generates ~$23k rental income. Upper-level 3 bedroom, 2 bath unit consists of the second and third floor. Private entry off West side of home you enter the foyer and stairs that lead into the unit. Spacious floor plan and light and bright with hardwood floors throughout. Stacked stone wood burning fireplace is the focal point of the living room, which opens into the unit entry and dining and kitchen areas. Kitchen features inset cherry cabinets with high-end stainless appliances, including Wolf range. Skylight adds additional light to the kitchen. Large primary suite with private ¾ enSuite bathroom. Second bedroom offers in-unit laundry and opens into sunroom. Full hall bathroom. Third bedroom is located on the third floor. Upper unit is rented with AirBnB and generates ~$70k annually. Lots of flexibility for owner occupied with ~$95k annual rental income or a great rental income for investors. Check it out!

1221 / 1223 Mount Curve Avenue | MLS# 7161363

This multi-family property located at 1221 / 1223 Mount Curve Avenue, Minneapolis, MN 55403 is currently listed for sale with an asking price of $1,200,000. / 1223 Mount Curve Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Finished, Full, Kitchenette, Storage Space, Walkout
Garage: 1
Heating: Boiler, Ductless Mini-Split
Lot Size: 0.21 Acres
Roof Type: Age 8 Years or Less
Taxes: $20,898
Year Built: 1914

Feature Descriptions

Days on Site: 6
Exterior: Block
Foundation Size: 2179
Lot Dimensions: 134x105x150x46
Owners Expense: All Utilities
Parcel#: 2802924420175
Parking: Attached Garage, Tuckunder Garage
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Lakes
Agency Phone: 612-920-5605

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimated Payment

$ 4,762.18 per month $2,670.68 Principal & Interest $1,741.50 Property Tax $350.00 Homeowner's Insurance

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