BEDS0
BATHS
SQUARE FEET2,760
MLS#7096268
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
SCHOOLMinneapolis
Property Description
Solid brick fourplex on Chicago Avenue South, three units leased and a vacant fourth ready for the next owner to set the rate. Current rents run $1,175 to $1,200 per month with long-term tenants in place. The boiler was replaced seven years ago and the water heater for Unit 2 is new in 2023. Hardwood floors throughout, radiator heat, and individual water heaters per unit. A Metro Transit stop sits directly in front of the building, making this an easy leasing story for future tenants. Consistent occupancy in a neighborhood with steady rental demand.
Property Features
Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Heating: Hot Water
Lot Size: 0.11 Acres
Roof Type: Flat
Taxes: $8,532
Year Built: 1929
Feature Descriptions
Days on Site: 35
Foundation Size: 1380
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 124x40
Owners Expense: Common Area Maintenance, Exterior Maintenance, Grounds Care, Insurance, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0202824240052
Road Frontage: City Street
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity, Fuel, Insurance
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Jason Mitchell Group
Agency Phone: 952-454-5190
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimate Your Payment
Estimated Payment
$ 1,969.36 per month $1,112.56 Principal & Interest $711.00 Property Tax $145.80 Homeowner's Insurance
3215 Chicago Avenue S | MLS# 7096268
This multi-family property located at 3215 Chicago Avenue S, Minneapolis, MN 55407 is currently listed for sale with an asking price of $499,900. Chicago Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.