Minneapolis, MN 55408,3316 3rd AVE S
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Minneapolis, MN 55408,3316 3rd AVE S
Minneapolis, MN 55408,3316 3rd AVE S
Minneapolis, MN 55408,3316 3rd AVE S
Minneapolis, MN 55408,3316 3rd AVE S

$415,000

Est. payment /mo

$425,000

2.4%
Est.Price: ?

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3316 3rd AVE S Minneapolis, MN 55408

2,714 SqFt

SOLD DATE : 07/21/2023

Key Details

Sold Price $415,000

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,714 sqft

Price per Sqft $152

Subdivision Bakers 2Nd Add

MLS Listing ID 6356113

Sold Date 07/21/23

Year Built 1901

Annual Tax Amount $5,436

Tax Year 2022

Contingent None

Lot Size 5,662 Sqft

Acres 0.13

Lot Dimensions 45 X 128

Property Description

Here is a great opportunity to own a great duplex with huge cash flow potential. The owner will have the building vacated prior to closing but he has rented each bedroom individually in the past and the building once took in $4,875 in rent each month. (former rent roll and financials available) *The building has a new roof, roof sheathing, and one new boiler. The kitchens and appliances were replaced in 2019. The units were painted last year. *The other boiler was replaced in 2016 and some of the windows and window inserts have been replaced in the last five years. *The TISH is clean and the unit boasts hardwood floors and modern bathrooms. *There is potential to expand and finish the attic. * There is potential to finish the basement which has a bathroom roughed in.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Partially Finished

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Open

Roof Type Age 8 Years or Less

Building

Story Two

Foundation 1206

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Aluminum Siding

New Construction false

Schools

School District Minneapolis

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Listed by Jeffrey Nobleza • Coldwell Banker Realty

Lindsay Bacigalupo

CEO/Owner | License ID: 20542511

+1(763) 350-0022

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