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404 Sheridan Avenue S, Minneapolis, MN 55405
$589,000
SQUARE FEET 2,768
MLS# 7045320
STATUS: Pending
PROPERTY TYPE: Multi Unit - Multiple
SCHOOL: Minneapolis
Property Description
Rare Opportunity in the Heart of Bryn Mawr! This meticulously maintained, true up/down duplex offering classic Minneapolis charm blended with modern updates. Entire duplex has been Owner-occupied since 2022, this property shines with pride of ownership and extensive recent updates, including full kitchen and bathroom remodels, new interior and exterior paint, and updated appliances.Each unit features gleaming hardwood floors, original oak woodwork, and built-in buffets. The upper level boasts a sun-drenched 3-season porch with stunning skyline views. A 2-car garage equipped with a dedicated electric car charging station.Massive Value-Add Potential: The basement features a partially finished studio?complete with an egress window, kitchenette, and bathroom. This versatile space is perfect for guest quarters, in law suite, an expansion of the main floor unit, or?with city approval?conversion into a legal third unit for a high-yield triplex.Ideally located just blocks from the trails of Theo Wirth Park and minutes from Downtown. Whether you are looking for a turnkey owner-occupant suite or a premium investment (with market rents projected at $1,900?$2100 per unit), this Bryn Mawr gem is a one-of-a-kind find.
Property Features
Property Type: Multi Unit - Multiple Basement: Partially Finished Basement: Yes Garage: 2 Heating: Boiler Lot Size: 0.12 Acres Roof Type: Age 8 Years or Less Taxes: $9,033 Year Built: 1923
Feature Descriptions
Days on Site: 20
Foundation Size: 1144
Lot Dimensions: 40x127
Owners Expense: Insurance, Taxes
Parcel#: 2902924140132
Parking: Detached Garage
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: Side by Side Realty LLC
Agency Phone: 612-568-4435
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Estimated Payment
$ 4,059.45 per month
$3,134.91 Principal & Interest
$752.75 Property Tax
$171.79 Homeowner's Insurance
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404 Sheridan Avenue S | MLS# 7045320
This multi-family property located at 404 Sheridan Avenue S, Minneapolis, MN 55405 is currently listed for sale with an asking price of $589,000. Sheridan Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on scarlson.counselorrealty.com today.