5508 32nd Avenue S, Minneapolis, MN 55417

$179,900 Asking Price

5 beds
2 baths
2,464  sqft
Built in 1932

Restoration Potential!! Small fire in back addition can be rebuilt and restored. Add a shed dormer upstairs for a bathroom ensuite to increase property's value and then finish the basement for even more value. Heavy smoke damage throughout needs remediation. Garage needs fixing/teardown. Photos are from last winter post fire. Always use caution when entering the property and take any desired pre-cautions for your own health and safety. Post-Fire Asbestos test showed no concerns with exposed materials. SOLD AS-IS. See city inspection for items required to receive certificate of occupancy. All utilities are shut off. Taxes due for 2023 will be paid by seller and 2024 taxes to be pro rated to closing date. A 2024 VBR fee may be waived by city if a plan is filed with them before May 1st and Occupancy received by end of 2024. They will also waive it if property is torn down by May 1st.


Features & Amenities

Interior

Rooms:
Living Room, Dining Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom, Foyer
Master Bath:
1/2 Basement,Main Floor Full Bath
Dining:
Living/Dining Room,Separate/Formal Dining Room
Basement:
Block, Full, Unfinished
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Fireplaces: 0

Exterior

Pool:
None
Parking:
Detached, Gravel, Garage Door Opener

Construction

Roofing:
Asphalt, Pitched
General:
One and One Half

Location

Road/Access:
City Street, Curbs, Paved Streets, Sidewalks, Street Lights
HOA Amenities:
0.0
Originating MLS:
northstar
School District:
Minneapolis
County:
Hennepin

Lot

Zoning:
1902823220075
Fencing:
Chain Link

Utilities

Utilities:
Circuit Breakers, 100 Amp Service
Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar
Listing Agent Compensation:
0.0000 %
Buyers Agent Compensation:
2.00 %

This listing courtesy of:
True Real Estate

About Minneapolis, MN

Housing

Number of Units
501,191
Median Home Value
$295,889
Median Rent
$1,111

41.20% of housing units are renter occupied.

4.62% are vacant.

Commute

Car
57.04%
Public Transportation
5.26%
Walk to Work
2.90%
Work from Home
32.97%
Other
0.69%

The median travel time to work is 17 minutes.

People

Population
1,128,226
Median Age
37.20
Median Household Size
2.55

Education

High School
18.39%
Associate’s Degree
8.82%
Bachelor’s Degree
30.05%
Graduate Degree
17.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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