Classic 1915 fourplex, fully rented, with a great opportunity to add a 5th unit! The basement already has a kitchen and a bathroom in place and just needs to be finished to create a 2-bedroom fifth unit. The building has three 2-bedroom units and one 1-bedroom unit. All four are currently rented: one unitis on a lease and three are month-to-month, which gives a new owner flexibility on rents and occupancy. Each unit has front and back entries, a living/dining room, a full bath, and a range and refrigerator.Period character runs throughout, with hardwood floors, natural woodwork, paneled doors, and historic millwork. The upper units have skylights and ceiling fans. There are very large front porches on bothlevels. Tenants pay their own electric, gas, heat, cable, and phone, and the owner pays trash, snowremoval, and taxes. The full basement also has storage lockers for each tenant, a common washer and dryer, and daylight and egress windows. There's off-street parking for four on the concrete driveway.The lot is level, on a city street with sidewalks and streetlights, close to public transit, with fiberinternet available. Conventional, FHA, and VA financing are accepted
Listed By
Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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Estimated Payment
$ 4,411.97 per month $3,326.51 Principal & Interest $903.17 Property Tax $182.29 Homeowner's InsuranceSend an email with a link to
3831 Grand Avenue S, Minneapolis, MN 55409.
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3831 Grand Avenue S | MLS# 7138181
This multi-family property located at 3831 Grand Avenue S, Minneapolis, MN 55409 is currently listed for sale with an asking price of $625,000. Grand Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.org today.