Richfield, MN 55423 321 W 74th Street
$400,000
Pending
Presented By: Edina Realty, Inc.
Beds • 2
Baths • 1
SQFT • 2,250
Home Details
Discover the potential of this duplex located at 321-323 74th St W, Richfield. The main level features 2 bedrooms and 1 bathroom, while the upper unit offers 3 bedrooms and 1 bathroom, providing ample living space. The current rent is below market value, and both units are on the month-to-month lease, offering flexibility for new owners.
This property promises excellent cash flow potential, with the price reflecting its current condition. Conveniently located, this duplex is close to amenities and transportation. Don't miss out on this chance to invest in a valuable asset in desirable location!
Presented By: Edina Realty, Inc.
Interior Features for 321 W 74th Street
Other Interior Features
Above Grade Finished Area2250
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area
FuelNatural Gas
General for 321 W 74th Street
AccessibilityNone
Additional Parcels Y/NNo
Association AmenitiesLaundry
CityRichfield
Construction MaterialsAluminum Siding, Brick/Stone
ContingencyNone
CountyHennepin
DirectionsHWY 494 to Lyndale Exit, N to 74th St W, E to home on right
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces
Gross Income24300
HeatingForced Air
High School DistrictRichfield
Insurance Expense3005
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Living Area2250
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense11655
OwnerPaysInsurance, Grounds Care, Repairs, Percentage Rent, Sewer, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge Over 8 Years
SewerCity Sewer/Connected
Standard StatusPending
Tax Annual Amount6917
Tax Year2025
Tenant PaysCable TV, Electricity, Gas
Trash Expense385
Water Sewer Expense850
Year Built1960
Exterior for 321 W 74th Street
Building Area Total2250
Foundation Area1125
Lot Dimensions
Lot Size Area0.23
Parking FeaturesOther
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent