2523 Newton Avenue N

Minneapolis, MN 55411 View Map $225,000 Schedule a Tour
Sq.Ft.1,231
Year1900
Brandon Hedges & Matt Barker

Brandon Hedges & Matt Barker

(612) 730-6717

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Status: Active
Property Type:Twin Home Up And Down
MLS #:6528507
Sq. Feet:1,231
On Site:85 Days
Lot Size:0.13 Acres
County:Hennepin
TURN-KEY INCOME PROPERTY ON A HUGE LOT IN JORDAN! This property sets on a fully fenced double-wide lot. $30,000 gross annual income. The upper level 1-bedroom is tenant-occupied on a 1-year lease @ $1175/month. The 2-bedroom unit is vacant, so this home is available for owner-occupant buyers! Pay the majority of your mortgage with rental income!

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:2523 Newton Avenue N, Minneapolis, MN 55411
County:Hennepin
School District:Minneapolis
Subdivision:Forest Heights
Zip Code:55411
Neighborhood:Jordan

Architecture

Year Built:1900
Stories:Two
Style:Duplex Up and Down
Finished Above Grade Sq.Ft.: 1231
Finished Total Sq.Ft.: 1231
Total Above Grade Sq.Ft.: 1231.0000
Total Main Sq.Ft.: 705.0000
Total Below Grade Sq.Ft.: 705.0000
Total Sq.Ft.: 1936.00
Roof: Pitched
Basement: Full, Unfinished

Features / Amenities

Heating: Baseboard, Forced Air
Fuel: Electric, Natural Gas

Property Features

Lot Size: 0.13 Acres
Lot Dimensions:63x91
Lot Features: Corner Lot
Sewer: City Sewer/Connected
Water: City Water/Connected
Fencing: Chain Link, Full
Zoning:Residential-Multi-Family
Directions:SW Corner of N 26th Ave and Newton.

Tax and Financial Info

Tax Year: 2024
Tax Annual Amount: $2,310
Water / Sewer Expense: $2,400
Insurance Expense: $1,800
Gross Income: $30,300
Tenant Pays: Cable TV, Electricity, Gas

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2523 Newton Avenue N Minneapolis,  MN 55411
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2523 Newton Avenue N Minneapolis, MN 55411
 
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Listing Information Last Updated 7/24/2024
Listing provided courtesy of Exp Realty.
© Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.