3845 S Chicago

Minneapolis, MN 55407 View Map $718,000 Ask a Question
Sold On6/21/2019
Year1931
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
County:Hennepin
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
County:Hennepin
City:Minneapolis
School System:Minneapolis
Subdivision:Bancroft
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
Zoning:Residential-Multi-Family
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

Schools

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Listing Information Last Updated 8/24/2019
Listing provided courtesy of Stutsman Realty, Inc.
© Copyright 2019 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
Property Summary

3845 S Chicago
Minneapolis, MN 55407

MLS®: 5217935

List Price: $718,000

Description:

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.