612-656-1200

1915-1917 SE Sharon Avenue
Minneapolis, MN 55414
MLS #4862715

Multi-Family
  • 2units
  • 8beds
  • 0.12acres
  • 3,475sq ft
$459,900
Est. P&I payment: $1756.51/mo
1915-1917 SE Sharon Avenue, Minneapolis, MN 55414
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Description for 1915-1917 SE Sharon Avenue, Minneapolis, MN 55414
Rare opportunity to add a large duplex to your portfolio for rental income in Prospect Park. Urban village feel- small town in the big city. Close to both downtowns (10 minutes each by car and 20 minutes by bus) & w/i walking distance of dining, shopping, services, & other attractions along University Ave. Positive cash flow. Excellent investment potential. Great location! The occupancy has been 100%. FHA approved & owner occupied as an option on the 1917 side?lease ends the end of Oct.
MLS #4862715
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My Notes for MLS #4862715

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1956
  • Acres: 0.12
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot
  • Lot Dimensions: 126.2X42.9
  • Status: Active
  • Style: (MF) Duplex Side X Side

Exterior Features

  • Exterior: Wood,​Stucco,​Cement Board
  • Fencing: Wood,​Partial
  • Road Frontage: City
  • Parking Characteristics: Attached Garage
  • Garage Stalls: 2
  • Roof: Age Over 8 Years

Interior Features

  • Total Finished Square Footage: 3,475
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable),​Drain Tiled,​Sump Pump,​Day/Lookout Windows
  • Above Ground Finished SqFt: 2,937
  • Below Ground Finished SqFt: 538
  • Unit 1 Amenities: Patio,​Kitchen Window,​Hardwood Floors,​Tile Floors
  • Unit 1 B1 Dimensions: 10x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 12x16
  • Unit 1 B2 Level: Upper
  • Unit 1 B3 Dimensions: 10x13
  • Unit 1 B3 Level: Upper
  • Unit 1 B4 Dimensions: 13x13
  • Unit 1 3QTR Bath: 1
  • Unit 1 Bath Characteristics: Main Floor 3/4 Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 2
  • Unit 1 Bedrooms: 4
  • Unit 1 Dining Room: Eat In Kitchen
  • Unit 1 Dining Room Dimensions: 12x8
  • Unit 1 Dining Room Level: Main (Ground)
  • Unit 1 Total Expenses: 480
  • Unit 1 Fireplace Location/Charac: Family Room
  • Unit 1 Num Fireplaces: 1
  • Unit 1 Family Rm Characteristics: Lower Level
  • Unit 1 Family Room Dimensions: 16x12
  • Unit 1 Family Room Level: Basement
  • Unit 1 Kitchen Dimensions: 12x9
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 13x13
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Special Rooms: Main Floor Laundry,​Main Floor Bedroom,​3 BR on One Level
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 1,592
  • Unit 2 Amenities: Patio,​Natural Woodwork,​Sauna,​Vaulted Ceiling(s),​Hardwood Floors,​Tile Floors,​Other
  • Unit 2 Bedroom 1 Dimensions: 12x16
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bedroom 2 Level: 13x11
  • Unit 2 Bedrrom 2 Level: Upper
  • Unit 2 Bedroom 3 Dimensions: 11x10
  • Unit 2 Bedroom 3 Level: Upper
  • Unit 2 Bedroom 4 Dimensions: 15x11
  • Unit 2 Full Bath: 1
  • Unit 2 Half Bath: 1
  • Unit 2 QTR bath: 1
  • Unit 2 Total Baths: 3
  • Unit 2 Number of Bedrooms: 4
  • Unit 2 Dining Room: Living/Dining Room
  • Unit 2 Dining Room Level: Main (Ground)
  • Unit 2 Fireplace Characteristics: Living Room,​Family Room
  • Unit 2 Number of Fireplaces: 2
  • Unit 2 Family Room Characteristics: Lower Level
  • Unit 2 Family Room Dimensions: 24x17
  • Unit 2 Family Rm Level: Lower
  • Unit 2 Kitchen Dimensions: 10x13
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 24x19
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Special Rooms: Main Floor Bedroom,​3 BR on One Level
  • Unit 2 Total Rooms: 6
  • Unit 2 Finished Square Footage: 1,880

Utilities Features

  • Water: City Water/Connected,​City Water - In Street
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Air: Central
  • Unit 2 Air: Central
  • Number of Ranges: One Per Unit
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected,​City Sewer - In Street

Financial Features

  • Annual rent: 26,400
  • Annual Gross Income: 36,000
  • Unit 1 Monthly Rent: 2,200
  • Tax Amount: 5,707
  • Tax With Assessments: 6,012.68
  • Tax Year: 2017
  • Tenant Expenses: Electric,​Fuel,​Trash,​Snow,​Lawn,​Cable T.V.

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Prospect Park - East River Road
  • Postal City: Minneapolis (MN)
  • Complex/Development/Subd: Prospect Park-East River Road

School Features

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

Misc Features

  • Amenities - Shared: Patio,​Common Garden
  • Construction Status: Previously Owned
  • Foundation Size: 1,108
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 1915-1917 SE Sharon Avenue, Minneapolis, MN 55414
From Franklin go to Warwick, south on Warwick to Sharon, west to home on corner of Sharon Warwick
The listing information for 1915-1917 SE Sharon Avenue, Minneapolis, MN 55414 was graciously provided by our friends at the listing brokerage, RE/MAX Advantage Plus

Get Financing for 1915-1917 SE Sharon Avenue, Minneapolis, MN 55414

Wintrust Mortgage
Hudson Murphy
Eagan, MN
(651) 276-2349 Office
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P&I Payment $1756.51
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Last Updated 08/21/2017 at 6:56am
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