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About This Home
This 6-bedroom, 0-bathroom other at 21 Malcolm Avenue SE in Minneapolis, MN is listed for $589,900 ($143 per sqft). Built in 1888, the home offers 4,127 sqft of living space on a 0.40 acres lot.
Own of of Prospect Park's legacy properties - where the possibilities are endless! Right now the building has 3 active units, but in the past has been as many as 5 separate units. Zoned for Apartments, it would be easily possible to get a few of the kitchens back in and turn this back into a huge money making property!
Incredible lot for the area, there is even increased value add down the line as this property will be key to any future development in the area. Currently the main floor and 1/2 of the upper floor make a grand apartment for an owner occupant filled with charming woodwork, hardwood floors, decorated ceilings & details thru out.
3 baths and 3BRs in this unit with a grand hall entrance. 2nd floor has a 1 bedroom apartment with continued charm and woodwork galore. The 3rd floor is a fantastic 2BR utilitarian apartment that is easy to maintain and rent to students. Basement is dry with high ceilings and could be turned into another living space if desired.
Right now there is a recently updated bath, wine cellar and storage lockers for the tenants. 3 car garage and large yard. Stunning wrap around porch. Perfect for an owner occupant or could be great for an inventor as well. Well maintained, but due to memory issues of the current seller, property will be sold as-is.
Key Features
- Built in 1888
- 0.40 acre lot
Property Details
Monthly Cost Estimate
$3,155/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
21 Malcolm Avenue SE
Minneapolis, MN 55414
Eustis Park
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 6-bedroom, 0-bathroom other at 21 Malcolm Avenue SE is listed at $589,900 ($143/sqft). The estimated monthly payment is $2,556 based on 20% down at 6.5% interest.
Key features include: Built in 1888, 0.40 acre lot. Exterior Features: Wood.
This property is listed by Reidell Estey & Associates – Marti Estey and can be reached at 6512514841 or marti@reidellestey.com.
