2815 Polk ST NE new

Minneapolis,MN 55418

$ 499900

- Bed

- Bath

3616 SqFt


Key Details

Property Type Single Family Home

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,616 sqft

Price per Sqft $138

Subdivision Menages Sup To East Side Add

MLS Listing ID 6638606

Year Built 1965

Annual Tax Amount $7,070

Tax Year 2024

Contingent None

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 42x182

Property Description

Renovated side-by-side duplex with a big private backyard near the heart of NE Minneapolis. Ideal for an owner occupant or investor to renovate the unit that is not fully renovated, continue with short-term rental or place a long-term tenant. Close proximity to restaurants & nightlife located just outside of downtown Minneapolis yet the location feels like suburban living.

One side is a 2 bedroom 1 bathroom unit with open layout and a kitchen remodel done within the last 10 yrs. Everything else is original and ready to add your unique flair and create your own paradise. This side has an unfinished basement for equity building potential.

The other side is currently used as a short-term rental generating approx $5,000 / month over a 12-month period. Summer months generate approx $6,000-$9,000 per month. Winter generates approx $2,000-$4,000 per month. This unit was fully remodeled in 2018 and has 4 bedrooms, 2 bathrooms, 2 living rooms and a fully finished basement. Open layout with updated kitchens with granite countertops, updated baths, spacious room sizes all in an ideal location within walking distance of restaurants, grocery stores and all that Northeast has to offer.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Daylight/Lookout Windows,Egress Window(s),Finished,Full,Single Tenant Access

Interior

Heating Forced Air

Fireplace No

Building

Story One

Foundation 1880

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories One

Structure Type Shake Siding,Wood Siding

New Construction false

Schools

School District Minneapolis

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