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4253 James Avenue N Minneapolis, MN $ 475,000
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$ 475,000 Get more info
4253 James Avenue N
$ 475,000
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Share Save

4253 James Avenue N

Minneapolis, MN, 55412
$ 475,000
Bedrooms8 Baths3.0 Sq 3,188

Monthly Estimate*

$ 3,318

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Multi-Family Home for sale in Minneapolis, MN

for $475,000 with 8 bedrooms and 3 full baths. This 3,188 square foot home was built in 1935 on a lot size of 0.19.

Turnkey, fully leased, three unit property. Corner lot, large 2.5 garage and dedicated concrete driveway. Fully renovated in 2022… including the roof, all windows, gutters, 2 new boilers, 2 new electrical panels, plumbing and new water service line from the city main. Added 3 egress windows and a brand new 3bed 1 bath unit in the basement. Added shared laundry accessible by all units. All the units feature new lighting, fixtures, paint, flooring, appliances, kitchens and bathrooms. Perfect opportunity for an owner occupant to offset living costs or investor looking for minimal upkeep and immediate cash flow.

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Multi-Family Active

Price

$ 475,000

Bedrooms

8

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,886

Style

Duplex Up and Down

Lot Size

0.19

Year Built

1935

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6498584
Features
General
Sewer City Sewer/Connected
Heating Boiler
Roof Age 8 Years or Less
Garage Spaces 2
Construction Materials Brick/Stone Stucco
Year Built 1935
Electric 200+ Amp Service
Tenant Pays Cable TV Electricity Gas
Levels Two
Property SubType Duplex Up and Down
Tax Year 2023
Gross Income 53700
Accessibility None
County Hennepin
Operating Expense 11100
Insurance Expense 2000
New Construction N
Property Type Residential Income
Association Amenities Common Laundry Other Patio
Contingency None
Subdivision Name Berkeley
Directions MEMORIAL PKWY TO JAMES S TO 44TH E TO JAMES S
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Total Units 3
Carport Spaces 2
Street Name James
Land Lease Y/N N
Tax Annual Amount 3886
Electric Expense 2700
Fuel Expense 0
Trash Expense 960
Water Sewer Expense 1440
Additional Parcels Y/N N
Days on Market 11
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Daylight/Lookout Windows Egress Window(s) Finished Full Tile Shower
Basement (Y/N) Y
Above Grade Finished Area 2122
Street Suffix Avenue
Below Grade Finished Area 1066
Fuel Natural Gas
Garage Square Feet 480
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Exterior
Fencing Wood
Parking Features Detached Concrete
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.19
Lot Dimensions 50.30X162
Lot Size Units Acres
Foundation Area 1326
Road Frontage Type City Street
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Internal Only
Street Number 1 4253
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* Excluded Features
List By
Realty Group Llc

Broker

brandon@verde-realestate.com

Email

Affordability Calculator

$3,642
Per Month
91%
9%
0%
Monthly Principal & Interest
$3,318
Monthly Property Taxes
$324
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/7/2024$475,000 Listed Price

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4253 James Avenue N, Minneapolis, MN, 55412 is a Multi-Family Home for sale at $475,000 with 3,188 sqft and a lot size of 0.19. 4253 James Avenue N has 8 bedrooms, 3.0 baths, and was built in 1935. The property's zip code is 55412 which is in Minneapolis, MN

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