$425,000
$395,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
2,880 SqFt
SOLD DATE : 09/29/2023
Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $147
Subdivision Byrnes Add
MLS Listing ID 6420614
Sold Date 09/29/23
Year Built 1917
Annual Tax Amount $5,552
Tax Year 2023
Contingent None
Lot Size 0.380 Acres
Acres 0.38
Lot Dimensions 86x215
Property Description
For Sale we have 2 Contiguous Lots, 187 & 191 James Ave N, totaling 0.38 acres, one is a Triplex, the other is vacant land with a 2 car garage. The lots are amongst several completed and under construction development projects on or surrounding James Ave N in the Bryn Mawr Neighborhood of Minneapolis. Zoned R5 Multiple Family District with BFC4 Corridor 4 Built Form Overlay District allows MF, SF and Commercial. 86 feet of frontage along James Avenue. Multiple-Opportunity with 4 different plays. (1) Planned Unit Development; (2) Community Residential Facilities; (3) Buy & Hold; (4) Redevelop to Multi-Family or Mixed Use. James Ave N has become a revitalized area with variety of residential , office and retail completed or under construction. The Triplex has 3 Tenants, property condition is Tier 1 with many updates over the years (see supplements). Do not disturb tenants. Seller may be open to CD.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Block, Full, Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Garage Detached, Gravel, Guest Parking, Off Site, Open
Garage Spaces 2.0
Fence None
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Additional Land Available, Tree Coverage - Medium
Story Two
Foundation 1056
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Wood Siding
New Construction false
Schools
School District Minneapolis
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