$849,000
$849,000
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4000 Colfax AVE S Minneapolis, MN 55409
3,140 SqFt
Key Details
Sold Price $849,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,140 sqft
Price per Sqft $270
Subdivision Remingtons 3Rd Add
MLS Listing ID 6349900
Sold Date 05/10/23
Year Built 1923
Annual Tax Amount $7,515
Tax Year 2022
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 47x134
Property Sub-Type Duplex Up and Down
Property Description
Up/Down duplex on corner lot. Both units completely remodeled in 2021, w/modern upgrades including SS
appliances, custom bathroom tile/showers, and upgraded original fireplaces, all while still keeping the
original charm of the home. The units mirror each other & each offer: 1570 sq. ft. with 3 bedrooms,1
bathroom, kitchen, dining room, living room and cozy 4 season porch! Sitting up higher than the sidewalk, these units have privacy, and TONS of natural light being on a corner lot with windows lining the north & east sides of the house. Both units used as a short term rentals (Airbnb/VRBO) since remodel. Great to owner occupy or full investment - rents range from $2800-$3200; a cap of 6.5%-8% depending on monthly rent charged. Listing Agent related to seller.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Body of Water Walker Brook
Rooms
Basement Full
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Attached Garage, Tuckunder Garage
Garage Spaces 2.0
Fence Wood
Roof Type Age Over 8 Years
Road Frontage No
Building
Lot Description Corner Lot, Tree Coverage - Medium
Story Two
Foundation 1570
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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