Minneapolis, MN 55411,1507 Queen AVE N
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Minneapolis, MN 55411,1507 Queen AVE N
Minneapolis, MN 55411,1507 Queen AVE N
Minneapolis, MN 55411,1507 Queen AVE N
Minneapolis, MN 55411,1507 Queen AVE N

$363,000

Est. payment /mo

$349,900

3.7%
Est.Price: ?

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1507 Queen AVE N Minneapolis, MN 55411

2,500 SqFt

SOLD DATE : 04/22/2022

Key Details

Sold Price $363,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,500 sqft

Price per Sqft $145

Subdivision South Lawn Add

MLS Listing ID 6163278

Sold Date 04/22/22

Year Built 1924

Annual Tax Amount $3,113

Tax Year 2021

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 40x129

Property Description

Great Rental Investment Opportunity. Income generator! Turn key Duplex with easy access to Theo Wirth Park, North Loop, Downtown, Uptown and Bryn Mawr! Either be an owner occupant and almost live for Free or be an investor for this cash flow property. Own for under $250 a month to occupy one unit, and let the other rental unit pay your mortgage for you! Better than paying high rental rates! Hurry and come check it out. First showing upper unit only. Second showing main level rental unit and basement with at least 24 hour notice. Large upper unit vacant for immediate owner occupant or rental opportunity.


Two matching floor-plan units are each 1,250 square feet with 3 bedrooms, 1 bath, kitchen, living room, dining room and office including off street parking. The upper unit is available for immediate occupancy including new flooring and fresh paint (see pics of upper unit). The lower unit has been rented to a good tenant for $1,200 a month for several years.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Daylight/Lookout Windows, Drainage System, Full, Shared Access, Storage Space

Interior

Heating Ductless Mini-Split, Hot Water

Fireplace No

Exterior

Parking Features Gravel, Open

Roof Type Age Over 8 Years,Asphalt

Building

Story Two

Foundation 1250

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

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Listed by Daniel Tempel • 123 Realty

Nick Brugnoli

Lead Agent | License ID: 40690587

+1(612) 839-0040

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