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5749 33rd Avenue S, Minneapolis, MN 55417

$575,000
  • 5749 33rd Avenue S, Minneapolis, MN 55417 Main Photo

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New to the Market Active
BEDS0 BATHS SQUARE FEET3,168 MLS#7048439
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSanders Add SCHOOLMinneapolis

Property Description

Well-maintained 4 unit investment opportunity in South Minneapolis with major recent improvements already completed. Updates include a newer roof, newer driveway, and fresh paint throughout, reducing near-term capital expenditure for the next owner.Two units are currently occupied, providing immediate income, with the remaining two units offering strong upside through lease-up and rent growth potential. Each unit is separately metered for electricity, allowing for efficient expense management, and the property includes off-street parking for tenants.Conveniently located near Hwy 62 with easy access to public transportation, shopping, and local amenities, making it a desirable rental location. Ideal opportunity for an investor looking to stabilize and increase cash flow.All measurements and information are deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

5749 33rd Avenue S | MLS# 7048439

This multi-family property located at 5749 33rd Avenue S, Minneapolis, MN 55417 is currently listed for sale with an asking price of $575,000. 33rd Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Baseboard, Boiler, Hot Water, Radiator
Lot Size: 0.14 Acres
Roof Type: Age 8 Years or Less
Taxes: $7,326
Year Built: 1962

Feature Descriptions

Days on Site: 1
Foundation Size: 1584
Owners Expense: Common Area Maintenance, Exterior Maintenance, Gas, Grounds Care, Heat, Hot Water, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 1902823230072
Parking: Parking Lot, Open
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Rize Realty
Agency Phone: 612-314-5563

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimate Your Payment

Estimated Payment

$ 2,057.91 per month $1,279.70 Principal & Interest $610.50 Property Tax $167.71 Homeowner's Insurance

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