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2723 Pillsbury Ave S, Minneapolis, MN 55408
8 Beds
3 Baths
3,778 sqft

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Stabilized South-Minneapolis multi-family property located two (2) blocks north of Lake St and adjacent to Nicollet Ave: Eat Street. Building configuration = up and down duplex with master suite, i.e. two (2) additional bedrooms and an additional half-bath upstairs. Effective gross income upwards of $55,000 / year. Property zoned R-5; zoning supports tri-plex conversion (or higher density). Basement has 6 storage rooms, keyed each to one-bedroom on 1st and 2nd floor, laundry room with 2 washers and 2 dryers, utility room with 2 boilers, 2 water heaters, and owner storage.
  • Price:
  • $445,000
  • Bedrooms:
  • 8
  • Square Footage:
  • 3,778
  • Acreage:
  • 0.17
  • Year Built:
  • 1908
  • Listing ID #:
  • 5219620
  • Street Address:
  • 2723 Pillsbury Ave S
  • City:
  • Minneapolis
  • State:
  • Minnesota
  • Postal Code:
  • 55408
  • County:
  • Hennepin
  • Listing Status:
  • Inspection
  • Basement Description:
  • Partial Finished
  • Construction Status:
  • Previously Owned
  • Exterior Features:
  • Stucco, Brick/Stone
  • Finished Above Ground Square Footage:
  • 3778
  • Number Of Units:
  • 3
  • Stories:
  • More Than 2 Stories
  • Unit1 Bedrooms:
  • 3
  • Unit3 Bedrooms:
  • 2
  • Year Built:
  • 1908
  • Annual Electric Expenses:
  • 1900
  • Annual Gas Expenses:
  • 230
  • Annual Gross Income:
  • 55600.00
  • Annual Insurance Expenses:
  • 1300
  • Annual Rent:
  • 21000
  • Annual Trash Expenses:
  • 800
  • Conforms To Zoning:
  • Residential-Multi-Family
  • Existing Land Use:
  • Yearly
  • Lot Description:
  • Irregular Lot
  • Road Frontage:
  • City
  • Property Taxes:
  • $6,205
  • Tax Year:
  • 2019
  • Fence:
  • Chain Link
  • Electricity:
  • Breakers
  • Existing Water:
  • City Water/Connected
  • Heating:
  • Hot Water
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • City Sewer/Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By RE/MAX Advantage Plus
  • MINNE

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