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 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

General Features

Accessibility None
Association Amenities None
Basement Full
Construction Materials Stucco
Contingency None
Fuel Expense 322
Garage Spaces 2
Heating Hot Water
High School District Minneapolis
Lender Owned No
New Construction No
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 380
Fireplace Y/N No
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 Multi-Family Average in 55411

Price
AVG $280K
$270K
Taxes
AVG $2,556
$2,337
Visits
AVG 21
50
Year Built
AVG 1919
1916
Walkscore
AVG 68
69
Data Provided by Walkscore ® not using MLS data

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