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2405 Quincy Street NE Minneapolis
Sold
Sold
$425,000 (list price)
$425,000
MLS# 5658701
Multi-family / Duplex Up and Down
Built 1922
3,386 fin sqft / 0.18 acres
Minneapolis schools

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Description: Check out this turnkey duplex in the heart of NE Mpls! Beautifully updated over recent years, this
property features newer siding, a newer roof, newer mechanicals and a concrete driveway. The tenants
here are great, and also take care of all snow and lawn care so minimal management is required! A
Perfect fit for your portfolio whether you're a seasoned investor or a beginner. This would be great for an
owner occupant as well!
List Price:
$425,000
Sold Price:
$425,000
Sold Date:
11/24/2020
Price/sq ft:
$126
Property Type:
Multi-family
Listing Status:
Sold
Contingency:
None
Property Style:
Duplex Up and Down
Year Built:
1922
Neighborhood/Area:
Holland
City:
Minneapolis
County:
Hennepin
State:
MN
Zip Code:
55418
Interior
Fin Sq Ft / Living Area:
3,386 ft²
Above Ground Living:
2,106 ft²
Below Ground Living:
1,280 ft²
Total Ranges:
Two
Total Refrigerators:
Two
Basement Details:
Full, Finished
Exterior
Heating System:
Forced Air, Baseboard, Boiler
Foundation Size:
1,280 ft²
Road Frontage:
City Street
Handicap Accessible:
None
Exterior Material:
Vinyl Siding
Garage Spaces:
2
Roof Details:
Asphalt, Pitched, Age 8 Years or Less
Lot
Acres:
0.18
Lot Description:
Tree Coverage - Light
Latitude:
45.01242700
Longitude:
-93.25060000
Lot Size Dim.:
43 x 182
Dev/Complex Name:
East Side Add
Zoning:
Residential-Single Family, Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
$1,400
Annual Maintenance Expense:
$1,040
Annual Gross Expense:
$9,500
Annual Trash Expense:
None
Annual Water/Sewer Expense:
$1,650
Tenant Expenses:
Electricity, Fuel, Snow Removal, Grounds Care
Financial & Taxes
Tax Year:
2020
Annual Taxes:
$5,392
Assessment Pending:
No
Taxes w/ Assessments:
$5,392
Income
Annual Gross Income:
$33,060
Rent
Unit 1 Monthly Rent:
$1,440
Unit 2 Monthly Rent:
$1,315
Unit
Total Units:
2
Miscellaneous
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.