Chris Gemlo,Broker
(612) 990-9595
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1320 Jefferson Street Ne, Minneapolis, MN 55413

$525,000
SQUARE FEET 4,080
MLS# 7170837
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Chris Gemlo, Broker

Chris Gemlo, Broker
Call: (612) 990-9595

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Mcmillans Add
SCHOOL: Minneapolis
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Property Description

Excellent opportunity in NE Minneapolis for passive income generation! Owner pays water/sewer/trash. Separate meters for gas and electric per unit. Currently no fees for garage use or pets, creating pro forma opportunity for future tenants. Garage is best suited for storage space. Maple HW floors throughout both units, laundry and updated kitchen in upper unit. Large main level unit has exclusive use of partially finished basement, which includes laundry and large family room. Never a vacancy since ownership started in 2015. Self-management and seller repairs keep costs low. Many photos have been virtually decluttered to best showcase each room. Teriffic location close to the heart of NE Minneapolis and all it has to offer!

1320 Jefferson Street Ne | MLS# 7170837

This multi-family property located at 1320 Jefferson Street Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $525,000. Jefferson Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on cgemlo.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Block, Partially Finished, Single Tenant Access
Garage: 2
Heating: Baseboard, Boiler, Forced Air
Lot Size: 0.15 Acres
Roof Type: Age Over 8 Years
Taxes: $10,164
Year Built: 1900

Feature Descriptions

Days on Site: 3
Exterior: Frame
Foundation Size: 1354
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 50 x 128
Owners Expense: Grounds Care, Repairs, Sewer, Snow Removal, Trash Collection, Water
Parcel#: 1402924130008
Parking: Detached Garage
Road Frontage: City Street, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Luke Real Estate
Agency Phone: 763-463-9490

Shown By

Agent Name: Chris Gemlo, Broker
Agent Phone: (612) 990-9595
Agency Title: Counselor Realty

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Estimated Payment

$ 3,794.40 per month $2,794.27 Principal & Interest $847.00 Property Tax $153.13 Homeowner's Insurance

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Near By

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13601 80th Circle North
#300
Maple Grove, MN 55369
(612) 990-9595


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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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