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$565,000

9 Beds 6 Baths 7,518 SQFT 0.19 Acres
Type: Multi-Family

2021 3rd Avenue S
Minneapolis, MN 55404

MLS#: 7071556
The Real Estate Advantage
Office: 952.224.8800
Presented by: Lakes Sotheby's International Realty

Property Description

 

Remarkable investment property in the heart of the Whittier neighborhood! This four-unit building has been updated throughout and features oversized units. All units feature updated kitchens and bathrooms, with original touches, and plenty of living and/ or dining room space. Buidling has been tastefully restored while allowing for new ownership to enjoy solid investment potential.

 

Interior Features

Bedrooms

Total Bedrooms9

Bathrooms

Total Baths6

Other Interior Features

Above Grade Finished Area6,389 sqft
BasementDaylight/Lookout Windows, Egress Window(s), Finished, Storage Space
Basement (Y/N)Yes
Below Grade Finished Area1,129 sqft
FuelNatural Gas
Laundry FeaturesIn Unit

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsPost and Beam, Stone
ContingencyNone
CountyHennepin
DirectionsSouth on 3rd Ave to property
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income80100
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area7,518 sqft
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total4
Operating Expense0
OwnerPaysCommon Area Maintenance, Exterior Maintenance, Insurance, Grounds Care, Repairs, Management, Sewer, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property SubtypeFourplex
Property TypeResidential Income
RoofAsphalt
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCic 1557 Third Ave Common Inter
Tax Annual Amount$2,895
Tax Year2026
Tenant PaysElectricity, Gas
Trash Expense0
Water Sewer Expense0
Year Built1891
Zoning DescriptionResidential-Multi-Family

Exterior

Building Area Total8,904 sqft
Foundation Area2,590 sqft
Lot Dimensions70x132
Lot FeaturesPublic Transit (w/in 6 blks), Tree Coverage - Medium
Lot Size Area0 sqft
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$565,000

9 Beds 6 Baths 7,518 SQFT 0.19 Acres
Type: Multi-Family

2021 3rd Avenue S
Minneapolis, MN 55404

MLS#: 7071556
The Real Estate Advantage
Office: 952.224.8800

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