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Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Block
Heating: Forced Air
Lot Size: 0.12 Acres
Taxes: $6,866
Year Built: 1916
Feature Descriptions
Days on Site: 15
Foundation Size: 2530
Parcel#: 2102924230107
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Side by Side Realty LLC
Agency Phone: 612-568-4435
Shown By
Agency Title: Counselor Realty - Rochester
Agency Phone: (507) 285-9400
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Estimated Payment
$ 2,699.91 per month $2,017.20 Principal & Interest $572.17 Property Tax $110.54 Homeowner's InsuranceChange Payment Information
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822 Penn Avenue N | MLS# 7150103
This multi-family property located at 822 Penn Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $379,000. Penn Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealtyofrochester.com today.