612-656-1200

5000 S Newton Avenue
Minneapolis, MN 55419
MLS #4836214

Multi-Family
  • 2units
  • 4beds
  • 0.12acres
  • 2,552sq ft
$511,000
Est. P&I payment: $1951.67/mo
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Description for 5000 S Newton Avenue, Minneapolis, MN 55419
Welcome to this beautiful Lynnhurst Duplex with hardwood floors, fireplaces and built in buffets in both units. It is a corner lot so the property is bright and cheerful. The basement has high ceilings which would make it suitable for common areas. This home presents really nicely.
MLS #4836214
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My Notes for MLS #4836214

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1924
  • Acres: 0.12
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot,​Tree Coverage - Medium
  • Lot Dimensions: 40x130
  • Status: Active
  • Style: (MF) Duplex Up and Down

Exterior Features

  • Exterior: Stucco,​Brick/Stone
  • Fencing: Wood
  • Road Frontage: City
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 2
  • Roof: Asphalt Shingles,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 2,552
  • Handicap Accessible: None
  • Basement: Full
  • Shared Rooms: Other
  • Above Ground Finished SqFt: 2,552
  • Unit 1 Amenities: Deck
  • Unit 1 B1 Dimensions: 13x10
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Dimensions: 12x10
  • Unit 1 B2 Level: Upper
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Separate/Formal Dining Rm
  • Unit 1 Dining Room Dimensions: 15x12
  • Unit 1 Dining Room Level: Upper
  • Unit 1 Fireplace Location/Charac: Living Room
  • Unit 1 Num Fireplaces: 1
  • Unit 1 Kitchen Dimensions: 11x11
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Dimensions: 19x16
  • Unit 1 Living Room Level: Upper
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 1,276
  • Unit 2 Bedroom 1 Dimensions: 13x10
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bedroom 2 Level: 12x10
  • Unit 2 Bedrrom 2 Level: Main (Ground)
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Dining Room: Separate/Formal Dining Rm
  • Unit 2 Dimensions: 16x12
  • Unit 2 Dining Room Level: Main (Ground)
  • Unit 2 Fireplace Characteristics: Living Room,​Wood Burning
  • Unit 2 Number of Fireplaces: 1
  • Unit 2 Kitchen Dimensions: 11x11
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 19x16
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 5
  • Unit 2 Finished Square Footage: 1,276

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water
  • Unit 1 Appliances: Range,​Refrigerator
  • Unit 1 Air: None
  • Unit 2 Appliances: Range,​Cooktop,​Refrigerator
  • Unit 2 Air: None
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 19,800
  • Annual Gross Income: 39,600
  • Annual Caretaker Expense: 1,200
  • Annual Insurance Expense: 3,981
  • Annual Maintenance Expense: 2,133
  • Annual Repair Expense: 1,950
  • Total Annual Expenses: 19,136
  • Annual Water/Sewer Expense: 1,800
  • Unit 1 Monthly Rent: 1,650
  • Unit 2 Annual Rent: 19,800
  • Unit 2 Monthly Rent: 1,650
  • Tax Amount: 7,927
  • Tax With Assessments: 7,927
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Lynnhurst
  • Postal City: Minneapolis (MN)

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Amenities - Shared: Patio
  • Construction Status: Previously Owned
  • Foundation Size: 1,276
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 5000 S Newton Avenue, Minneapolis, MN 55419
50th Street E to Newton.
The listing information for 5000 S Newton Avenue, Minneapolis, MN 55419 was graciously provided by our friends at the listing brokerage, Coldwell Banker Burnet

Get Financing for 5000 S Newton Avenue, Minneapolis, MN 55419

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $1951.67
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Last Updated 08/16/2017 at 5:55pm
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