Address
2601 Colfax Avenue N Minneapolis, MN
Price
$ 249,900
Property Attributes
  • ID#5761355
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaFairmount Park Add
  • NeighborhoodFairmount Park Add
  • Zip55411
  • StyleDuplex Up and Down
  • Year Built1916
  • Taxes$ 2337
  • Price$ 249,900
  • Bedrooms6
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage2010
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
RE/MAX Results
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

WILL NOW SELL INDIVIDUALLY, PREVIOUSLY LISTED AS PART OF PORTFOLIO 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 the same seller!

Price History
5/20/2021 Listed $265,000
11/3/2021 6% - $249,900

General Features

Accessibility None
Additional Parcels Y/N No
Association Amenities None
Basement Full
City Minneapolis
Construction Materials Stucco
Contingency None
County Hennepin
Days on Market 181
Directions Corner of N 26th Ave & N Colfax Ave.
Fuel Expense 322
Garage Spaces 2
Grossincome 26400
Heating Hot Water
High School District Minneapolis
Insurance Expense 1456
Lender Owned No
Levels Two
New Construction No
Operatingexpense 6596
Ownerpays Taxes, Insurance, Water
Property SubType Duplex Up and Down
Property Type Residential Income
Roof Asphalt
Sewer City Sewer/Connected
Standard Status Pending
Street Name Colfax
Subdivision Name Fairmount Park Add
Tax Annual Amount 2337
Tax Year 2021
Total Units 2
Trash Expense 1947
Water Sewer Expense 1947
Year Built 1916
Zoning Description Residential-Multi-Family

Interior Features

Above Grade Finished Area 1630
Below Grade Finished Area 380
Fireplace Y/N No
Fuel Natural Gas
Garage Square Feet 1
Living Area 2010
SQFT Above Ground Total 1630.00
SQFT Below Ground Total 984.00
SQFT Main Total 163.00
SQFT Total 2614.00
Street Suffix Avenue
Unit Type Unit 1, Unit 2, Unit 3, Unit 4

Exterior Features

Fencing Chain Link
Foundationarea 984
Lot Dimensions 42x6x127.5
Lot Size Area 0.12
Lot Size Units Acres
Parking Features Detached
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 Pending Average in 55411

Price
AVG $260K
$250K
Taxes
AVG $2,856
$2,337
Visits
AVG 123
228
Year Built
AVG 1945
1916
Walkscore
AVG 60
69
Data Provided by Walkscore ® not using MLS data

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