$865,000
$899,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
218 W 40th ST Minneapolis, MN 55409
5,527 SqFt
Key Details
Sold Price $865,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,527 sqft
Price per Sqft $156
Subdivision Van Nests Add
MLS Listing ID 6011152
Sold Date 08/20/21
Year Built 1921
Annual Tax Amount $9,547
Tax Year 2020
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 58x115
Property Description
Triplex functions as a spacious, single family home with 4-levels on one side and an attached duplex on the other. An owner can live in the home while collecting $34,800 a year in rents and take advantage of depreciation and other tax advantages of owning. Home offers completely separate front and back entrances. Luxury amenities abound with high-end chef's kitchen (custom cabinetry, soap stone counters, Viking appliances, farm sink, pot filler, and warming drawer). Indulge yourself in the spa bath built for 2 with double sinks and a 2-person steam shower with Rohl rain and body sprays. 2 fireplaces, 3 bedrooms on one level, huge family room, fitness room and custom laundry on lower level. Private office on the fourth level.
Location
State MN
County Hennepin
Zoning Residential-Single Family
Rooms
Basement Finished, Full, Partially Finished, Shared Access, Storage Space
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached, Asphalt, Garage Door Opener, Storage
Garage Spaces 2.0
Fence None
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Medium
Story More Than 2 Stories
Foundation 1876
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
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