Minneapolis, MN 55419 5535 Penn Avenue S
$499,500
12 more
Presented By: Sterling Realty and Management
Beds • 6
Baths • 2
SQFT • 3,090
Garage • 2
Home Details
Great Owner occupied opportunity with 5535 currently on a month to month lease. 5537 is currently rented with a 1 year lease that began July 2025. Lease payment for each unit is $1800/month. 3 Bedrooms in each side with 1 full and 1 1/4 Bathrooms with large lower level Family Room walking out to Back Yard. Separate Garage stall for each unit. Washer and Dryer, Range or Cooktop plus Refrigerator included with each unit. Maintenance free exterior. 24 hour notice required for all showings.
Presented By: Sterling Realty and Management
Interior Features for 5535 Penn Avenue S
Other Interior Features
Above Grade Finished Area1840
BasementEgress Window(s), Finished, Walkout
Basement (Y/N)Yes
Below Grade Finished Area1250
FuelNatural Gas
Garage Square Feet
General for 5535 Penn Avenue S
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsBrick/Stone, Stucco
ContingencyNone
CountyHennepin
DirectionsHighway 62 to Penn Ave, North to Home
ElectricCircuit Breakers
Electric Expense120.11
Fuel Expense
Garage Spaces2
Gross Income43200
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense2150.64
Land Lease Y/NNo
Lender OwnedNo
LevelsOne
Living Area3090
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense16937
OwnerPaysInsurance, Taxes, Trash Collection
PostalCityMinneapolis
Property SubtypeDuplex Side by Side
Property TypeResidential Income
RoofAge Over 8 Years, Asphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NamePennhurst 2nd Add
Tax Annual Amount8797
Tax Year2025
Tenant PaysCable TV, Electricity, Gas
Trash Expense1154.36
Water Sewer Expense1713.33
Year Built1959
Zoning DescriptionResidential-Multi-Family
Exterior for 5535 Penn Avenue S
Building Area Total3090
FencingChain Link
Foundation Area1840
Lot Dimensions65 X 126
Lot FeaturesSome Trees
Lot Size Area0.19
Parking FeaturesDetached, Asphalt
Road Frontage TypeCity Street, Curbs
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent