3434 Oliver Avenue N, Minneapolis, MN 55412 (MLS# 6116012)



$300,000
3434 Oliver Avenue N
Minneapolis, MN 55412
MLS# 6116012
Status: Pending
6 beds  |  2 baths  |  2844 sqft


3434 Oliver Avenue N, Minneapolis, MN 55412
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3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 Main floor dining room with built-in buffet. 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412 3434 Oliver Avenue N, Minneapolis, MN 55412

Property Description
CASH COW DUPLEX $44,280 GROSS ANNUAL INCOME! Big UP/DOWN Duplex fully occupied. 3bed/1 bath each unit. Great investment opportunity. Always easy to keep rented and low maintenance. Good roof, excellent exterior. Both units have front porches. Parking in back for 3 or 4 cars. Add great cashflow to your portfolio at this price with today's rates!

Details
Maps
Documents
None
Allow Auto Valuation Display?: Yes
Allow Consumer Comment: Yes
MLSID: RMLS
Contract Information
Availability: Unavailable
Status: Pending
Off Market Date: 2021-11-12
Contingency: None
Current Price: $300,000
Original List Price: 300000
ListPrice: 300000
List Date: 2021-10-18
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1913
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 6
Bath Full: 2
Baths Total: 2
Main Floor Total SqFt: 980
Above Ground SqFt: 1864
Below Grd Total SqFt: 980
Total SqFt: 2844
FireplaceYN: No
Foundation Size: 980
Style: Duplex Up and Down
Total Finished Sqft: 1864.00
Lot Dimensions: 39x128
Acres: 0.12
Assessment Pending: No
Location, Tax and Other Information
Legal Description: LOT 024 BLOCK 003 EGBERTS ADDN TO MPLS
Map Page: 92
School District Phone: 612-668-0000
House Number: 3434
Street Name: Oliver
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Zip Plus 4: 2503
Map Coordinate Source: King's Street Atlas
Property ID Number: 0902924220084
Complex/Dev/Subdivision: Egberts Add
Tax Year: 2021
In Foreclosure?: No
Tax Amount: 3743
Potential Short Sale?: No
Lender Owned?: No
Assessment Balance: 958.77
Tax With Assessments: 4702.08
Directions & Remarks
Public Remarks: CASH COW DUPLEX $44,280 GROSS ANNUAL INCOME! Big UP/DOWN Duplex fully occupied. 3bed/1 bath each unit. Great investment opportunity. Always easy to keep rented and low maintenance. Good roof, excellent exterior. Both units have front porches. Parking in back for 3 or 4 cars. Add great cashflow to your portfolio at this price with today's rates!
Directions: Take Penn to 34th, then go North on Oliver to property.
Currently Not Used
Rental License?: Yes
Building Information
Finished SqFt Above Ground: 1864
Green Verification
Green Certification: No
Income and Expenses
Annual Fuel Expense: 3000
Annual Gross Expenses: 9800
Annual Gross Income: 44280
Annual Insurance Expense: 2000
Annual Maintenance Expense: 3000
Annual Net Income: 34480
Annual Water/Sewer Expense: 1800
Total Annual Expenses: 9800
Miscellaneous Information
DP Resource: Y
FIPS Code: 27053
Homestead Desc: Other
Public Survey Info
Range#: 24
Section#: 09
Township#: 29
Unit 1
Annual Rent: 22080
Bedroom 1 Dimen: 11x9
Bedroom 1 Level: Main
Bedroom 2 Dimen: 10x10
Bedroom 2 Level: Main
Bedroom 3 Dimen: 11x11
Bedroom 3 Level: Main
Dining Room Dimen: 14x11
Dining Room Level: Main
Extra Room 1: Porch
Extra Room 1 Dimen: 13x18
Extra Room 1 Level: Main
Finished SqFt: 980
Full Baths: 1
Kitchen Dimen: 12x10
Kitchen Level: Main
Living Room Dimen: 12x10
Living Room Level: Main
Monthly Expense: 408
Monthly Rent: 1840
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 6
Unit 2
Annual Rent: 22200
Bedroom 1 Dimen: 13x12
Bedroom 1 Level: Upper
Bedroom 2 Dimen: 12x9
Bedroom 2 Level: Upper
Bedroom 3 Dimen: 11x10
Bedroom 3 Level: Upper
Extra Room 1: Porch
Extra Room 1 Dimen: 25x8
Extra Room 1 Level: Upper
Finished SqFt: 884
Full Baths: 1
Kitchen Dimen: 11x10
Kitchen Level: Upper
Living Room Dimen: 14x12
Living Room Level: Upper
Monthly Expense: 408
Monthly Rent: 1850
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 5
Unit Details
Total Units: 2
Property Features
Accessible: None
Basement: Full; Unfinished
Construction Status: Previously Owned
Exterior: Stucco
Fuel: Natural Gas
Heating: Boiler; Radiant
Neighborhood Name: Folwell
Rental License Type: Standard
Road Frontage: City Street; Curbs; Sidewalks; Storm Sewer
Roof: Asphalt Shingles; Pitched
Sellers Terms: Cash; Conventional; DVA
Sewer: City Sewer/Connected
Stories: Two
Tenant Expenses: Cable T.V.
Unit 1: Bedroom 1; Bedroom 2; Bedroom 3; Dining Room; Kitchen; Living Room
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Char: Main Floor Full Bath
Unit 1 Cooling: None
Unit 1 Dining Desc: Informal Dining Room
Unit 1 Special Search: 3 BR on One Level
Unit 2: Bedroom 1; Bedroom 2; Bedroom 3; Kitchen; Living Room
Unit 2 Amenities: Porch
Unit 2 Appliances: Range; Refrigerator
Unit 2 Bath Char: Upper Level Full Bath
Unit 2 Cooling: None
Unit 2 Special Search: 3 BR on One Level
Water: City Water/Connected

Listing Office: Realty Group LLC

Last Updated: November - 15 - 2021

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 28th of November 2021 03:23 AM