Address
2601 Colfax Avenue N Minneapolis, MN
Price
$ 265,000
Property Attributes
  • ID#5761355
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaFairmount Park Add
  • NeighborhoodHawthorne
  • Zip55411
  • StyleResidential Income
  • Year Built1916
  • Taxes$ 2337
  • Price$ 265,000
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage1876
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
NorthstarMLS
Property Description

WILL NOW SELL INDIVIDUALLY, PREVIOUSLY LISTED AS PART OF PORTOFLIO SALE ONLY. Unit Breakdown: (1) 4 bed/2 bath and (1) 2 bed/1 bath. Includes 2 car garage in rear. Price of $265,000. NOI of $19,803.25. Cap Rate of 7.47%. Neighboring duplex at 1014 26th Ave N also for sale by same Seller. Other properties available from this Seller: 5 unit building located in South Minneapolis at 3329 2nd Ave S, Minneapolis & Duplex at 1014 26th Ave N, Minneapolis & 4 unit building at 3614 50th Ave N, Brooklyn Center.

Price History
5/20/2021 Listed $265,000

General Features

Accessibility None
Association Amenities None
Basement Full
Construction Materials Stucco
Contingency None
Fuel Expense 322
Garage Spaces 2
Heating Forced Air
High School District Minneapolis
Lender Owned No
New Construction No
Parking Features Detached
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Active
Subdivision Name Fairmount Park Add
Tax Annual Amount 2337
Total Units 2
Water Sewer Expense 1947
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 1630
Below Grade Finished Area 246
Fireplace Y/N No

Exterior Features

Fencing Chain Link
Foundationarea 984
Lot Dimensions 42x6x127.5
Lot Size Area 0.12
Lot Size Units Acres
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 55411

Price
AVG $280K
$270K
Taxes
AVG $2,158
$2,337
Visits
AVG 26
24
Year Built
AVG 1931
1916
Walkscore
AVG 68
69
Data Provided by Walkscore ® not using MLS data

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