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3514 Grand Avenue S, Minneapolis, MN 55408

New - 7 Hours Ago

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Listed By

Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442

Shown By

Agency Title: Counselor Realty
Agency Phone:

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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!

3514 Grand Avenue S | MLS# 7079275

This multi-family property located at 3514 Grand Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $849,900. Grand Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.org today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Egress Window(s), Finished
Basement: Yes
Garage: 3
Heating: Forced Air
Lot Size: 0.13 Acres
Roof Type: Age Over 8 Years
Taxes: $14,668
Year Built: 2005

Feature Descriptions

Foundation Size: 1800
Lot Dimensions: 45x129
Owners Expense: Trash Collection, Water
Parcel#: 0302824320126
Parking: Detached Garage
Road Frontage: City Street
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 5,993.75 per month $4,523.52 Principal & Interest $1,222.33 Property Tax $247.89 Homeowner's Insurance

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