110 118TH AVENUE
110 118th Avenue, Minneapolis (Blaine), 55434, MN
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Price: $1,100,000
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Status type: For Sale
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City: Minneapolis (Blaine)
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Neighborhood: Degardners Parkview
Bedrooms: 0
Property Size :5400
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Listing Agent: NST49010,NST101628
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Property type : Quadruplex
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Zip code: 55434
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Street: 110 118th Avenue
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Street: 110 118th Avenue
Bathrooms: N/A
Year: 1979
Listing Brokerage: Apex Realty
DETAILS
Rare Investment Opportunity: Two Side-by-Side Duplexes (4-Unit Building) in Blaine. Seize the chance to own two meticulously maintained, turn-key side-by-side duplexes (4-unit building) located across from Happy Acres Park and just minutes from Blaine High School and Bunker Hills Park. Each unit offers a split floor plan featuring two bedrooms, a full bathroom with a master walkthrough, and an open kitchen, dining, and living area on the upper level. The lower level includes a cozy family room with a wood-burning fireplace, a third bedroom, and a ¾ bathroom. This fully occupied fourplex boasts new exterior paint (2024) and newer garage doors with openers (2019). Each unit has a two-car garage and operates on separate utilities for gas, electricity, and water, ensuring efficient and hassle-free management. Tenants are responsible for all utilities, including gas, electricity, trash, and water/sewer. They also handle snow removal and lawn maintenance, ensuring this is a low-maintenance investment. • Current Market Value: Similar duplexes in Blaine typically value over $550,000 each, making this a smart investment with room for growth. • Unit #110 recently underwent a kitchen remodel with new kitchen cabinets, granite countertops and a new refrigerator and stove. The unit received fresh paint throughout and luxury vinyl flooring on the upper level (kitchen, living room, dining, and 2 bedrooms) in 2024, and the basement also got newer carpet in 2022, making this unit highly attractive to quality tenants. • Unit #112 was updated with granite countertops in the kitchen, along with a new stainless steel refrigerator and stove. The entire unit was freshly painted in 2023. • Unit #114 underwent a kitchen remodel with granite countertops and new stainless steel appliances in 2018 and was further updated with luxury vinyl flooring on the upper level in 2024. The unit was freshly painted in 2022. • Unit #116 received a kitchen remodel in 2019 with granite countertops, new stainless steel appliances, and plank flooring in the living room, kitchen, and dining areas. The entire unit was freshly painted in 2022. Thanks to its excellent condition, recent updates, and strong rental history, this fourplex is an outstanding investment opportunity that you won’t want to miss!
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: 5400 ft²
Below Ground Living: 1728ft²
Bathrooms: N/A
Above Ground Living: 3672ft²
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Basement Details: Full, Walkout,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 8
Construction Materials: N/A
Foundation Size: 3528ft²
Unit Amenities:
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Heating System:
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- Forced Air
LOT
Acres: N/A
Lot Size Dim.: 189x105x201x136
Longitude: 45.185
Latitude: -93.2634
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2024
Tax annual amount: $7,832
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7648351
Listing Brokerage: Apex Realty
ID: 3418728
Published: September 19, 2024
Last Update: September 19, 2024
Views: 2
