Minnesota Real Estate Investors Association, Inc.

Minnesota Real Estate Investors Association, Inc.


xxx Cecil St SE, Minneapolis, MN 55414

3 Bedrooms / 2 Baths / Multiple Family

Property Status: Sold |  Sold: $267,700.00


Property Photos


DUPLEX 1 bedroom unit and a 2 bedroom unit in the Prospect Park Location


Property Status:
This Property is currently...
  • Status: Sold
  • Sold: $267,700.00
Property Details:
3 Bedrooms / 2 Baths / Multiple Family
Property Style:
Duplex
Year Built:
1903
Garage:
2 Car Detached
Basement:
Unfinished Basement
Owner / Agent:
Individual Owner
Property Features:
Corner Lot
Contact Info
T-Mark Properties LLC
(612) 845-3723

View on Individual's Website
Property Description:

These are 1 bedroom units.  The front unit has 2 bedroom a, it has a window, .  The front unit kitchen and bath were remodeled 11 years ago.  Has a dining room, living room and kitchen. 

The back unit has an upstairs where the bedroom is located.  The back unit has hardwood flooring, large bathroom, dining room, living room, kitchen is older.  The back unit upstairs has one bedroom, a closet, and a second room that could be used as an office.

Many years ago, this building was previously a small grocery store in the front and the owners lived in the back.  Back in the 50's they turned the front (previous store) into a rental unit.

The building has copper plumbing, two new forced air furnaces (10 years old), 100 amp circuit breaker service for each unit.  Each unit has a washer and dryer in the basement.  Lots of storage in the basement for each unit.  Tenants pay their own gas and electric.  I pay the water for both units, as well as snow removal and lawn service.  There is a two car detached garage (one stall per unit).  Main roof is approximately 16 years old.  Garage roof is two years old.  I have always had long term tenants on month-to-month leases.

Prospect Park is a very quiet, excellent area.  I always found my tenants by putting a sign in the front yard and the neighbors always referred tenants to me.
No CD'S looking to do a 1031 so I have to cash out..



Legal Disclaimer:
Minnesota Real Estate Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned.  Click on the link above to contact the Property Owner about this property.

Contact Us

Minnesota Real Estate Investors Association, Inc.

7040 Lakeland Ave N #200
Brooklyn Park, MN 55428
(763) 432-2809

Proud Chapter of National REIA

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