BEDS0
BATHS
SQUARE FEET3,956
MLS#7162268
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIOND W Ellis Add
SCHOOLMinneapolis
Property Description
Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an activeshort-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000through a combination of short-term and long-term tenants, this property offers flexibility and income potential forinvestors.Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roofapproximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basementbedroom offers future potential, subject to egress and applicable requirements.Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an excitingopportunity to invest in Minneapolis real estate!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $5,122
Year Built: 1889
Feature Descriptions
Days on Site: 9
Exterior: Block, Concrete
Foundation Size: 1120
Lot Dimensions: 123x33
Owners Expense: All Utilities, Electricity, Gas, Hot Water, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0202824230061
Parking: Concrete, Paved Lot
Road Frontage: City Street, Sidewalks
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: LPT Realty, LLC
Agency Phone: 763-772-8025
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimate Your Payment
Estimated Payment
$ 1,357.45 per month $822.79 Principal & Interest $426.83 Property Tax $107.83 Homeowner's Insurance
3310 Chicago Avenue | MLS# 7162268
This multi-family property located at 3310 Chicago Avenue, Minneapolis, MN 55407 is currently listed for sale with an asking price of $369,700. Chicago Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.