5508 32nd Avenue

Minneapolis, MN 55417

About this property

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.

About this property

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 and Additional Information

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$179,900 Active
5 Beds
2
Baths
2,464 SQFT

Presented By Coldwell Banker Crown Bemidji

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Brokerage
True Real Estate
1-507-345-8783
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Area Information

Wenonah | Hennepin County | C F E Peterson Co Nokomis Park

$ 179,900
This listing is play_arrow 30.8% lower than the average in the area
$ 259,900 in the area
2,464 SqFt
This listing is play_arrow 73.3% larger than the average in the area
1,422 SqFt in the area
$ 73 $/SqFt
This listing is play_arrow 60.1% less than the average in the area
$ 183 $/SqFt in the area
334 days on site
This listing is play_arrow 595.8% above the average in the area
48 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Minneapolis
Listed By Rob Gintner
Brokerage: True Real Estate

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