3757 N Newton Avenue
Minneapolis, MN 55412

Multi-Family
  • 2units
  • 5beds
  • 0.23acres
  • 2,138sq ft
Pending Sale $225,000
Est. P&I payment: $859.35/mo
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Description for 3757 N Newton Avenue, Minneapolis, MN 55412
True Duplex on a double lot in high traffic location. Seller has had no problems finding renters here. 1, 3 bedroom unit. 1, 2 bedroom unit. Updated baths and good sized kitchens. Coin laundry in in both basements. Both units are rented through 2018.
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My Notes for MLS #4936864

General Features

  • Propery Type: MF
  • Total Number of Units: 2
  • Year Built: 1950
  • Acres: 0.23
  • Foreclosure Status: No
  • Lender Owned: No
  • Lot Description: Corner Lot,​City Bus (w/in 6 blks)
  • Lot Dimensions: 78x127
  • Status: Pending
  • Style: (MF) One Story

Exterior Features

  • Exterior: Wood,​Stucco,​Brick/Stone
  • Fencing: None
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Parking Characteristics: Detached Garage,​Driveway - Gravel
  • Garage Stalls: 2
  • Roof: Asphalt Shingles,​Pitched

Interior Features

  • Total Finished Square Footage: 2,138
  • Handicap Accessible: None
  • Basement: Full,​Partial Finished,​Day/Lookout Windows,​Egress Windows,​Concrete Block
  • Above Ground Finished SqFt: 1,309
  • Below Ground Finished SqFt: 829
  • Unit 1 Amenities: Natural Woodwork,​Kitchen Window,​Washer/Dryer Hookup
  • Unit 1 B1 Dimensions: 10x12
  • Unit 1 B1 Level: Main (Ground)
  • Unit 1 B2 Dimensions: 13x15
  • Unit 1 B2 Level: Lower
  • Unit 1 Bath Characteristics: Main Floor Full Bath
  • Unit 1 Bath Full: 1
  • Unit 1 Total Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Dining Room: Eat In Kitchen,​Living/Dining Room
  • Unit 1 Total Expenses: 100
  • Unit 1 Kitchen Dimensions: 9x10
  • Unit 1 Kitchen Level: Main (Ground)
  • Unit 1 Living Room Dimensions: 12x23
  • Unit 1 Living Room Level: Main (Ground)
  • Unit 1 Number of Units: 1
  • Unit 1 Total Rooms: 5
  • Unit 1 Finished Square Footage: 968
  • Unit 2 Amenities: Natural Woodwork,​Kitchen Window,​Skylight,​Washer/Dryer Hookup
  • Unit 2 Bedroom 1 Dimensions: 10x12
  • Unit 2 Bedrrom 1 Level: Main (Ground)
  • Unit 2 Bedroom 2 Level: 12x12
  • Unit 2 Bedrrom 2 Level: Main (Ground)
  • Unit 2 Bedroom 3 Dimensions: 13x13
  • Unit 2 Bedroom 3 Level: Lower
  • Unit 2 Bath Characteristics: Main Floor Full Bath
  • Unit 2 Full Bath: 1
  • Unit 2 Total Baths: 1
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Family Room Characteristics: Lower Level
  • Unit 2 Family Room Dimensions: 14x11
  • Unit 2 Family Rm Level: Lower
  • Unit 2 Kitchen Dimensions: 11x10
  • Unit 2 Kitchen Level: Main (Ground)
  • Unit 2 Living Room Dimensions: 32x12
  • Unit 2 Living Room Level: Main (Ground)
  • Unit 2 Number of Units: 1
  • Unit 2 Total Rooms: 6
  • Unit 2 Finished Square Footage: 1,170

Utilities Features

  • Water: City Water/Connected
  • Fuel: Natural Gas
  • Heating: Forced Air
  • Unit 1 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Unit 1 Air: Central
  • Unit 2 Appliances: Range,​Refrigerator,​Washer,​Dryer
  • Unit 2 Air: Central
  • Number of Ranges: Two
  • Number of Refrigerators: Two
  • Sewer: City Sewer/Connected

Financial Features

  • Annual rent: 10,800
  • Annual Gross Income: 28,200
  • Annual Electric Expense: 468
  • Annual Insurance Expense: 2,600
  • Annual Maintenance Expense: 1,500
  • Annual Repair Expense: 1,500
  • Annual Gross Expense: 3,000
  • Total Annual Expenses: 3,000
  • Annual Water/Sewer Expense: 175
  • Miscellaneous Monthly Income: 50
  • Unit 1 Monthly Rent: 900
  • Unit 2 Annual Rent: 16,800
  • Unit 2 Total Expenses: 100
  • Unit 2 Monthly Rent: 1,400
  • Tax Amount: 2,611
  • Tax With Assessments: 2,611
  • Tax Year: 2018
  • Tenant Expenses: Electric,​Fuel,​Cable T.V.

Community Features

  • Municipality: Minneapolis
  • County: Hennepin
  • Neighborhood: Folwell
  • Postal City: Minneapolis (MN)
  • Complex/Development/Subd: Camden/Folwell

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Construction Status: Previously Owned
  • Foundation Size: 1,309
  • Has Supplements: 1
  • Homestead: No
  • Potential Short Sale: No
  • Zoning: Residential-Multi-Family

Location

 
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Directions to 3757 N Newton Avenue, Minneapolis, MN 55412
Dowling to Newton. Home on corner.
The listing information for 3757 N Newton Avenue, Minneapolis, MN 55412 was graciously provided by our friends at the listing brokerage, Fazendin REALTORS

Get Financing for 3757 N Newton Avenue, Minneapolis, MN 55412

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $859.35
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Last Updated 04/24/2018 at 10:43pm
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