$650,000
Minneapolis, MN 55405
MLS# 6527634
7 beds | 3 baths | 4284 sqft
1 / 23
Property Description
This well-maintained, beautiful, classic triplex in Uptown Minneapolis is only for sale because the seller has moved. This property was in good condition when the current owner purchased it and then made many improvements, including a new roof, fascia, windows, gutters, french drains, a high-end professional paint job, and more. The seller was planning on holding for years. It is always rented with good tenants. It has an excellent rental history. Currently, it has two units rented with the first floor available for owner occupant or ready for a new tenant. The floor plans are original, with the 1st and 2nd floor units having the same layout and condition. 4 off-street parking spots are available behind the Tri-plex. The location is excellent, near new redevelopment in the city, lakes, restaurants and cafes in the vibrant part of Uptown. This has been an excellent source of income, with tenants paying all utilities. The triplex is low-maintenance and has been a joy to manage.
Details
Maps
Documents
Contract Information
Digitally Altered Photos: No
Status: Active
Contingency: None
Current Price: $650,000
Original List Price: 650000
ListPrice: 650000
List Date: 2024-05-03
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SPAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1924
Yearly/Seasonal: Yearly
Bedrooms: 7
Baths Total: 3
Main Floor Total SqFt: 1500
Above Ground SqFt: 3000
Below Grd Total SqFt: 1284
Total SqFt: 4284
Foundation Size: 1500
Style: (MF) Triplex
Total Finished Sqft: 3210.00
Lot Dimensions: 129x40
Acres: 0.12
Location, Tax and Other Information
Legal Description: LOT 002 BLOCK 005 ANDERSON DOUGLAS & CO 1ST ADDN MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District Phone: 612-668-0000
House Number: 2512
Street Name: Dupont
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55405
Property ID Number: 3302924130016
Complex/Dev/Subdivision: Anderson Douglas & Co 1st Add
Tax Year: 2023
In Foreclosure?: No
Tax Amount: 8297
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: This well-maintained, beautiful, classic triplex in Uptown Minneapolis is only for sale because the seller has moved. This property was in good condition when the current owner purchased it and then made many improvements, including a new roof, fascia, windows, gutters, french drains, a high-end professional paint job, and more. The seller was planning on holding for years. It is always rented with good tenants. It has an excellent rental history. Currently, it has two units rented with the first floor available for owner occupant or ready for a new tenant. The floor plans are original, with the 1st and 2nd floor units having the same layout and condition. 4 off-street parking spots are available behind the Tri-plex. The location is excellent, near new redevelopment in the city, lakes, restaurants and cafes in the vibrant part of Uptown. This has been an excellent source of income, with tenants paying all utilities. The triplex is low-maintenance and has been a joy to manage.
Directions: From Hennepin Ave S go east on 25th Street W for 2 blocks, turn right on Dupont
Assessments
Tax With Assessments: 8297
Basement
Foundation Dimensions: 30x50
Building Information
Finished SqFt Above Ground: 2568
Finished SqFt Below Ground: 642
Income and Expenses
Annual Gross Income: 57780
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 33
Township#: 29
Unit 1
Furnished?: N
Lease Expiration Date: 2024-07-01
Leased?: N
Unit Number: 1
# of Fireplaces: 1
Annual Rent: 23880
Finished SqFt: 1250
Full Baths: 1
Monthly Rent: 1990
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 7
Unit 2
Furnished?: N
Leased?: Y
Unit Number: 2
# of Fireplaces: 1
Annual Rent: 23400
Finished SqFt: 1250
Full Baths: 1
Monthly Rent: 1950
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 3
Total Rooms: 7
Unit 3
Furnished?: N
Leased?: Y
Level: Below Ground
Unit Number: 3
Annual Rent: 10500
Finished SqFt: 660
Full Baths: 1
Monthly Rent: 875
No. of Units Like This: 1
Total Baths: 1
Total Bedrooms: 1
Total Rooms: 5
Unit Details
Total Units: 3
Property Features
Accessible: None
Basement: Egress Windows; Partial Finished
Construction Status: Previously Owned
Electric: Circuit Breakers
Exterior: Stucco
Fuel: Natural Gas
Heating: Baseboard; Boiler
Laundry: Common Area
Lock Box Type: Combo
No. of Ranges: Three
No. of Refrigerators: Three
Parking Characteristics: Gravel Lot
Rental License Type: Standard
Roof: Age 8 Years or Less; Architectural Shingle
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: All Utilities
Water: City Water/Connected
Information 2512 Dupont ave S Mpls.pdf 
Listing Office: MSP Services, LLC
Last Updated: May - 04 - 2024
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