Property Listing
Description
Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!
Property Information
Status: Active
Sub Type: ********
List Price: $849,900
MLS#: 7079275
Current Price: $849,900
Address: 3514 Grand Avenue S, Minneapolis, MN 55408
City: Minneapolis
State: MN
Postal Code: 55408
Geo Lat: 44.93893
Geo Lon: -93.284707
Subdivision: Bakers Add
County: Hennepin
Property Description
Year Built: 2005
Lot Size SqFt: 5662.8
Gen Tax: 14668.46
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
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Total SqFt.: 5400
Style: Array
Total Bedrooms: 10
Total Bathrooms: 8
Total Full Baths:
Garage Type:
Garage Stalls: 3
Waterfront:
Property Features
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Inclusions: ********
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