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822 Penn Avenue N, Minneapolis, MN 55411

$379,000
  • 822 Penn Avenue N, Minneapolis, MN 55411 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,600 MLS#7150103
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONOak Park Add SCHOOLMinneapolis

Property Description

Welcome to 822 Penn Ave N, Minneapolis. A solid 1916 up/down duplex offering two large, separately metered units, with the upper unit already generating income. It features 9 bedrooms, 4 full baths, two living rooms, a dedicated office, in-unit laundry, and two decks, one screened for three-season use. The upper unit is a standout. It is currently tenant-occupied at $1,868/month but should rent for $2250 in the current market. The lower unit is currently vacant but previously received $2500/mo with 3 bedrooms, 1 bath, and a three-season porch. Tenants pay their own gas and electric, and two off-street parking spots add everyday convenience. Quick access to Highway 55 puts downtown, North Loop and Golden Valley within easy reach, with Theodore Wirth Park's trails nearby. Move into the lower unit and let the upper help cover the mortgage, or add a ready-to-go two-unit to your portfolio.

822 Penn Avenue N | MLS# 7150103

This multi-family property located at 822 Penn Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $379,000. Penn Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block
Heating: Forced Air
Lot Size: 0.12 Acres
Taxes: $6,866
Year Built: 1916

Feature Descriptions

Days on Site: 30
Foundation Size: 2530
Parcel#: 2102924230107
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Side by Side Realty LLC
Agency Phone: 612-568-4435

Shown By

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

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Estimate Your Payment

Estimated Payment

$ 1,526.20 per month $843.49 Principal & Interest $572.17 Property Tax $110.54 Homeowner's Insurance

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