2815 Polk Street NE
Minneapolis, MN 55418
3616 sqft | #6638606
Description
Renovated side-by-side duplex with a big private backyard near the heart of NE Minneapolis. Ideal for an owner occupant or investor to renovate the unit that is not fully renovated, continue with short-term rental or place a long-term tenant. Close proximity to restaurants & nightlife located just outside of downtown Minneapolis yet the location feels like suburban living.
One side is a 2 bedroom 1 bathroom unit with open layout and a kitchen remodel done within the last 10 yrs. Everything else is original and ready to add your unique flair and create your own paradise. This side has an unfinished basement for equity building potential.
The other side is currently used as a short-term rental generating approx $5,000 / month over a 12-month period. Summer months generate approx $6,000-$9,000 per month. Winter generates approx $2,000-$4,000 per month. This unit was fully remodeled in 2018 and has 4 bedrooms, 2 bathrooms, 2 living rooms and a fully finished basement. Open layout with updated kitchens with granite countertops, updated baths, spacious room sizes all in an ideal location within walking distance of restaurants, grocery stores and all that Northeast has to offer.
Property Details
- Basement DescriptionDaylight/Lookout Windows, Egress Window(s), Finished, Full, Single Tenant Access
- SubdivisionMenages Sup To East Side Add
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Parcel Number1202924220050
- Property TypeMulti-Family
- School DistrictMinneapolis
- HeatingForced Air
- CountyHennepin
- MLS #6638606
- MLS #6638606
- Taxes Annual$7,070
- Cost499900
- Property SubtypeOther
- Square Feet3616
- Year Built1965
- Days on Market (Cumulative)44
- Basement1
- Basement Finished1
Location
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Elizabeth Sibet (#NST506099270)
Listing Office: eXp Realty (#NST25792)
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