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822 Penn Avenue N, Minneapolis, MN 55411

Status: For Sale (Inspection)

2 units
3,600 sq ft

$379,000

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 822 Penn Avenue N, Minneapolis, MN 55411 - MLS# 7150103
Bedrooms and Bathrooms
Total Bedrooms:
9
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1916
Type of Property:
Multi Family Residence
Style:
Duplex Up and Down
Stories/Levels:
2 Story
Total SqFt:
3,600
Total Fnsh'd SqFt:
3,600
Above Ground SqFt:
3,600
Finished Above Grade:
3,600
Below Ground SqFt:
0
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
3,600
Approx Lot Dimensions:
0
Approx Number of Acres:
0.12
Income and Expenses
Gross Income:
$22,416
Total Expenses:
$0

A closer look at the location.

94 to Broadway W to Penn Avenue So to Home

This listing has been entered by the following office: Side by Side Realty LLC

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 MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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