3845 S Chicago

Minneapolis, MN 55407 View Map $718,000 Ask a Question
Sold On6/21/2019
Bancroft Minneapolis | Hennepin County | MLS 5217935 | 3845  S Chicago Photo 1
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Status: Sold
Property Type:Apartments/Multi Family
MLS #:5217935
Date Sold:6/21/2019
Lot Size:N/A
Well cared for building in great location. New roof in 2012, top to bottom renovation in 2013 including new kitchen cabinets, flooring. Hardwood floors in all units. 5 of 6 tenants pay heat. Water and trash are RUBS. Very easy to own and manage. High return with room to raise rents. #1-Studio $780 #2-2 BR $895 #3-2 BR $1,045 #4-2 BR $1,005 #5- 2 BR $1,045 #6- 2 BR $1,000 Call listing agent for all showings. Listing agent present for all showings. Proof of funds required for showing. 1 unit for first showing

Detailed Maps

Community Information

Address:3845 S Chicago Minneapolis, MN 55407
School System:Minneapolis
Zip Code:55407

Features / Amenities

Amenities: Hardwood Floors
Appliances: Refrigerator, Range
Garage Dimensions: 0
Air Conditioning: Window
Heating: Forced Air
Fuel: Natural Gas

Property Features

Lot Dimensions:46x122
Lot Description: Tree Coverage - Light
Water: City Water/Connected
Sewer: City Sewer/Connected
Directions:38th st to Chicago Ave South to building

Tax and Financial Info

Sale Includes: Building
Tax Amount: $7, 517.00
Tax Year: 2018
Total Annual Expenses: 20619
Annual Gross Income: 69957.00
Annual Net Income: 49338.00
Annual Trash Expense: 1500
Annual Maintenance Expense: 800
Annual Insurance Expense: 1487
Annual Fuel Expense: 487



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Listing Information Last Updated 8/24/2019
Listing provided courtesy of Stutsman Realty, Inc.
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Property Summary

3845 S Chicago
Minneapolis, MN 55407

MLS®: 5217935

List Price: $718,000


MLS # 5217935: This property at 3845 S Chicago, Minneapolis, MN 55407 is located in the Bancroft subdivision and is listed for $718,000. MLS # 5217935 has been on the market for 122 days.