$598,000

2427 4th Street NE

Minneapolis MN, 55418

Description

This landmark bldg is located on the SE corner of Lowry Ave & 4th Ave NE in an emerging neighborhood. Known as the "Pink Goat" bldg for the frolicking pink goat painted on the Lowry side, it is also one of the chosen few bldgs that is home to an original Mows 510 house. The prpty has 2 recently renovated upper level apts & retail space on the 1st floor currently leased to Sacred Siren Tattoo & Art. 1 bdrm plus den apartment w/large deck; Mos to Mos tenancy - $900 per month. 1 bdrm apartment w/porch; Mos to Mos tenancy - $850 per month. Sacred Siren lease expiration 8/31/2022. Rent structure as follows: September 1, 2020 thru August 31, 2021 $2,185.45 per month modified gross. September 1, 2021 thru August 31, 2022 $2,251.00 per month modified gross. Sacred Siren pays most utilities & snow removal. Landlord pays water, sewer & trash. Bsmt storage available for tenant use. New patio on 1st floor for tenant use. On-site Prkng accommodates at least 4 vehicles. New roof & gutters 2019.

Details

MLS#5685786
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1908
Days On Site17

Features

Market Activity 55418

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Area Information
StateMN
CountyHennepin
CityMinneapolis
Zip Code55418
Listing VS Median (in 55418)
Price:
$598,000
low | high
Med:
$299,900
99.849498327759% of Average
On Site:
17
low | high
Med:
62.500000
27.2% of Average
Listing Updated: November 18, 2020 8:42:37 AM PST
Listing Provided By: Edward A. Kuhlman of Coldwell Banker South Metro

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