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About This Home
This 10-bedroom, 0-bathroom other at 3514 Grand Avenue S in Minneapolis, MN is listed for $849,900 ($173 per sqft). Built in 2005, the home offers 4,900 sqft of living space on a 0.13 acres lot.
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!
Key Features
- Built in 2005
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$4,545/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
3514 Grand Avenue S
Minneapolis, MN 55408
Bakers Add
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 10-bedroom, 0-bathroom other at 3514 Grand Avenue S is listed at $849,900 ($173/sqft). The estimated monthly payment is $3,683 based on 20% down at 6.5% interest.
Key features include: Built in 2005, 0.13 acre lot. Exterior Features: Brick/Stone, Vinyl.
This property is listed by Shelbie Cox and can be reached at 6123600306 or shelbie@moveinminnesota.com.
