Property Listing
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.
Property Information
Status: Active
Sub Type: ********
List Price: $575,000
MLS#: 7048439
Current Price: $575,000
Address: 5749 33rd Avenue S, Minneapolis, MN 55417
City: Minneapolis
State: MN
Postal Code: 55417
Geo Lat: 44.898686
Geo Lon: -93.223846
Subdivision: Sanders Add
County: Hennepin
Property Description
Year Built: 1962
Lot Size SqFt: 6098.4
Gen Tax: 7326
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 3168
Style: Array
Total Bedrooms: 7
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: