2943 NE Grand Street
Minneapolis, MN 55418
MLS #4808572

Multi-Family
  • 2units
  • 3beds
  • 0.12acres
  • 2,059sq ft
$264,900
Est. P&I payment: $1011.74/mo
2943 NE Grand Street, Minneapolis, MN 55418
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Description for 2943 NE Grand Street, Minneapolis, MN 55418
Nicely updated NE duplex. Great as an investment or as an owner occupied unit. Both Charm and updates grace this building. Large garage, laundry in each unit with larger bathrooms. Both units have updates. Garage door was just replaced. The lower unit should rent around $950 (determined by market rate at this time). With both units rented, the projected income would be right around $25,800.
MLS #4808572
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My Notes for MLS #4808572

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1900
  • Acres: 0.12
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: City Bus (w/in 6 blks)
  • Lot Dimensions: 40x133
  • Status: Active
  • Style: (MF) Two Stories

Exterior Features

  • Exterior: Metal,​Vinyl
  • Fencing: Wood,​Partial
  • Road Frontage: City
  • Parking Characteristics: Detached Garage
  • Garage Stalls: 2
  • Roof: Asphalt Shingles

Interior Features

  • Total Finished Square Footage: 2,059
  • Handicap Accessible: None
  • Basement: Partial
  • Above Ground Finished SqFt: 2,059
  • Unit 1 Amenities: Natural Woodwork
  • Unit 1 B1 Dimensions: 13x10
  • Unit 1 B1 Level: Upper
  • Unit 1 B2 Dimensions: 15x12
  • Unit 1 B2 Level: Upper
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Informal Dining Room
  • Unit 1 Dining Room Dimensions: 11x09
  • Unit 1 Dining Room Level: Upper
  • UNIT1_Ex-1 Dimensions: 14x10
  • UNIT1_Ex-1 Level: Upper
  • Unit 1 Ex-1 Name: Loft
  • Unit 1 Ex-2 Dimensions: 7.5x4
  • Unit 1 Ex-2 Level: Upper
  • Unit 1 Ex-2 Name: Laundry
  • Unit 1 Total Expenses: 1
  • Unit 1 Kitchen Dimensions: 10x08
  • Unit 1 Kitchen Level: Upper
  • Unit 1 Living Room Dimensions: 14x13
  • Unit 1 Living Room Level: Upper
  • Unit 1 Number of Units: 1
  • Unit 1 Parking Spaces: 1
  • Unit 1 Special Rooms: All Living Fac. on One Level
  • Unit 1 Total Rooms: 8
  • Unit 1 Finished Square Footage: 1,219
  • Unit 2 Amenities: Porch,​Natural Woodwork
  • Unit 2 Bedroom 1 Dimensions: 12x11
  • Unit 2 Bedrrom 1 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: 1
  • Unit 2 Dining Room: Kitchen/Dining Room
  • Unit 2 Ex-1 Dimensions: 13x08
  • Unit 2 Ex-1 Level: Main (Ground)
  • Unit 2 Ex-1 Name: Den
  • Unit 2 Ex-2 Dimensions: 20x08
  • Unit 2 Ex-2 Level: Main (Ground)
  • Unit 2 Ex-2 Name: Porch
  • Unit 2 Kitchen Dimensions: 18x12
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 13x12
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Special Rooms: All Living Fac. on One Level
  • Unit 2 Total Rooms: 6
  • Unit 2 Finished Square Footage: 840

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Microwave,​Refrigerator,​Washer,​Dryer
  • Unit 1 Air: Window
  • Unit 2 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Unit 2 Air: Window
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 1
  • Annual Gross Income: 13,200
  • Annual Gross Expense: 1,680
  • Total Annual Expenses: 1,680
  • Annual Water/Sewer Expense: 1,680
  • Unit 1 Monthly Rent: 1
  • Tax Amount: 3,287
  • Tax With Assessments: 3,287
  • Tax Year: 2016
  • Tenant Expenses: Electric,​Fuel

Community Features

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

School Features

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

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 845
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 2943 NE Grand Street, Minneapolis, MN 55418
Lowery E. to Grand - North to home
The listing information for 2943 NE Grand Street, Minneapolis, MN 55418 was graciously provided by our friends at the listing brokerage, Edlich Realty & Associates

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(Jim Steel) Market Place Home Mortgage
Jim Steel
13700 Reimer Drive N Ste 100
Maple Grove, MN 55311
(763) 432-4655 Office
(612) 578-6402 Mobile
(763) 432-4649 Fax
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P&I Payment $1011.74
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Last Updated 08/16/2017 at 4:20pm
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