612-656-1200

4101 S Cedar Avenue
Minneapolis, MN 55407
MLS #4862365

Multi-Family
  • 4units
  • 1beds
  • 0.11acres
  • 2,912sq ft
$410,000
Est. P&I payment: $1565.92/mo
4101 S Cedar Avenue, Minneapolis, MN 55407
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Description for 4101 S Cedar Avenue, Minneapolis, MN 55407
Extraordinary Opportunity to own this Turn-Key & Rarely Available 4PLEX Rental in this neighborhood close to Lake Nokomis & other parks. Centrally located corner lot with long-term tenants. Many updates by current owner...hurry while it lasts.
MLS #4862365
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My Notes for MLS #4862365

General Features

  • Propery Type: MF
  • Total Number of Units: 4
  • Year Built: 1928
  • Acres: 0.11
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Dimensions: 40x122
  • Status: Active
  • Style: (MF) Apartments/Multifamily

Exterior Features

  • Exterior: Stucco
  • Fencing: None
  • Road Frontage: City,​Curbs,​Sidewalks
  • Parking Characteristics: None
  • Roof: Flat,​Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 2,912
  • Handicap Accessible: None
  • Basement: Full,​Partial
  • Above Ground Finished SqFt: 2,912
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Total Expenses: 466
  • Number of Unit: 4
  • Unit 1 Number of Units: 4
  • Unit 1 Total Rooms: 4
  • Unit 1 Finished Square Footage: 728

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Hot Water,​Boiler
  • Number of Ranges: Four
  • Number of Refrigerators: Four
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 8,880
  • Annual Gross Income: 36,240
  • Annual Fuel Expense: 1,448
  • Annual Insurance Expense: 1,554
  • Annual Maintenance Expense: 396
  • Annual Gross Expense: 26,220
  • Total Annual Expenses: 26,220
  • Unit 1 Monthly Rent: 740
  • Unit 2 Annual Rent: 7,200
  • Unit 2 Total Expenses: 466
  • Unit 2 Monthly Rent: 600
  • Unit 3 Annual Rent: 8,880
  • Unit 3 Total Expenses: 466
  • Unit 4 Annual Rent: 8,880
  • Unit 4 Total Expenses: 466
  • Tax Amount: 5,097
  • Tax With Assessments: 5,097
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Cable T.V.

Community Features

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

School Features

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

Misc Features

  • Amenities - Shared: Coin-op Laundry Owned
  • Construction Status: Previously Owned
  • Foundation Size: 1,456
  • Homestead: No
  • Potential Short Sale: No

Location

 
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Directions to 4101 S Cedar Avenue, Minneapolis, MN 55407
Cedar Ave to 41st to 4 plex on East side of Cedar.
The listing information for 4101 S Cedar Avenue, Minneapolis, MN 55407 was graciously provided by our friends at the listing brokerage, Keller Williams Realty Elite

Get Financing for 4101 S Cedar Avenue, Minneapolis, MN 55407

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $1565.92
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Last Updated 08/21/2017 at 6:10am
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