$469,900
For Sale

2943 California Street NE

Minneapolis, MN 55418
Listing OfficeRE/MAX Results
Browse 51 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Assumable mortgage at 2.6%! Here is your chance to own a turn key northeast duplex while also being able to take advantage of the low interest rates of the past! This amazing property features spacious units with stunning hardwood floors, lots of natural lighting, and a fenced in yard! TONS of recent updates include a brand new two car garage ready for an ADU build out, new roof in 2022, new water heaters, central A/C, mini split, and some new appliances! Additional updates and amenities include newer plumbing, electrical, vinyl windows upstairs, and a Comcast security system! The lower unit is a 2 bed 1 bath plus an office which could easily be converted into a 3rd bedroom! The upper unit is a 3 bed 1 bath which also includes a little office area in the front bedroom! Possible opportunity to expand in the attic! The lower unit will be vacant upon sale, and the upper unit is rented out month to month under market at $1,575/month. Tenants pay their own gas & electric. Upper unit is enrolled in the Minneapolis 4D program for another 7 years which has a lot of benefits including lower property taxes, and up to $50,000 of annual reimbursement for energy efficient upgrades! There is also an option to buy out of the program if desired. Great location close to everything northeast has to offer! This one wont last long!

  • Property Details
      • HeatingBaseboard, Ductless Mini-Split, Forced Air
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
      • RoofAge 8 Years or Less
      • Property SubtypeDuplex Up and Down
      • Basement DescriptionFull, Unfinished
      • SubdivisionNorthtown Add
      • Parcel Number0302924440121
      • Property TypeMulti-Family
      • School DistrictMinneapolis
      • Parking FeaturesDetached
      • CountyHennepin
      • MLS #6638332
      • MLS #6638332
      • Taxes Annual$3,516
      • Cost469900
      • Square Feet3594
      • Year Built1900
      • Days on Market (Cumulative)48
      • Parking Spaces2
      • Basement1
      • Basement Finished1

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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