38
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$849,900
Est. payment /mo
10 Beds
8 Baths
4,900 SqFt
New
3514 Grand AVE S Minneapolis, MN 55408
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Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 4,900 sqft
Price per Sqft $173
Subdivision Bakers Add
MLS Listing ID 7079275
Bedrooms 10
Year Built 2005
Annual Tax Amount $14,668
Tax Year 2026
Contingent None
Lot Size 5,662 Sqft
Lot Dimensions 45x129
Property Sub-Type Triplex
Property 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!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Block, Egress Window(s), Finished
Interior
Heating Forced Air
Fireplace No
Laundry In Unit
Exterior
Parking Features Detached Garage
Garage Spaces 3.0
Fence None
Pool None
Roof Type Age Over 8 Years
Building
Story Two
Foundation 1800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
Listed by Shelbie Walsh • Real Broker, LLC
NEARBY SCHOOL & BUSINESS
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