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5633 Penn Avenue S, Minneapolis, MN 55419

Pending

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Listed By

Agency Name: Compass
Agency Phone: 952-283-0897

Shown By

Agency Title: Counselor Realty - Rochester
Agency Phone: (507) 285-9400

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Property Description

Rare duplex property in Southwest Minneapolis. Perfect match for an owner occupant or investor. Ready for renters immediately or add bedrooms/bathrooms to enhance and maximize the income potential of this property. A very walkable and prime location near everything at 54th and Penn Ave S plus close proximity to Lake Harriet, Linden Hills, local unique eateries and centrally located for easy access to the entire Twin Cities area. This side by side duplex faces west towards the green space and trees of the neighborhood favorite Armatage Park. Each side features 2 bedrooms and a full bathroom on the main level. Welcoming and open layouts and flow with bedrooms away from main living area. Original hardwood floors on the main. Freshly painted interiors. 2-car detached garage with no alley. Built in 1950 with an all brick exterior. New roof on home and garage in 2024. Full concrete block wall in lower level keeps each side 100% divided and private. Tons of storage space in the number of closets on the main level and in the lower level. Easily add more living space and increase finished sq. footage in the lower levels. Features completely separate front and side entrances for each unit. Minimal steps in and out of each unit and the garage is very close and accessible for each side. Dividing up the utilities is easy due to 2 separate electric meters at back of the home and 2 separate gas meters at the front. Clean City of Minneapolis TISH Report with no required repairs and city-issued COA. A unique property with many positives in a prime Southwest Minneapolis location! Begin renting out immediately. Many possibilities exist for this special home! Prime location centrally located to all of the Twin Cities area.

5633 Penn Avenue S | MLS# 7100406

This multi-family property located at 5633 Penn Avenue S, Minneapolis, MN 55419 is currently listed for sale with an asking price of $429,900. Penn Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealtyofrochester.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Daylight/Lookout Windows, Storage/Locker, Storage Space, Unfinished
Basement: Yes
Garage: 2
Heating: Forced Air
Lot Size: 0.18 Acres
Roof Type: Age 8 Years or Less, Asphalt, Pitched
Taxes: $8,657
Year Built: 1950

Feature Descriptions

Days on Site: 40
Exterior: Block, Concrete, Steel Siding
Foundation Size: 1819
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 60x133
Parcel#: 2102824230031
Parking: Detached Garage, Asphalt, Garage Door Opener, Shared Garage/Stall
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks, Street Lights
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,134.91 per month $2,288.11 Principal & Interest $721.42 Property Tax $125.39 Homeowner's Insurance

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