$585,000
$599,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
3208 Portland AVE Minneapolis, MN 55407
3,812 SqFt
Key Details
Sold Price $585,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,812 sqft
Price per Sqft $153
Subdivision Wolvertons Add
MLS Listing ID 5710987
Sold Date 04/12/21
Year Built 1893
Annual Tax Amount $7,455
Tax Year 2020
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 43x119
Property Sub-Type Triplex
Property Description
WOW!! Cash Flow $$$, character, location, and more! This investment home in South Minneapolis can be investor-owned or owner-occupied. It currently consists of 6 individually rented bedrooms, a studio apartment and a stand-alone basement unit. In addition, a 2-bedroom stand alone unit in the attic with plenty of sunshine can be re-rented with some adjustments to the home. Fully rented, this home brings in $7k+ a month and provides diversification through it's business model. Storage units, coin-laundry, front porch, office area and solid curb appeal put the finishing touches on this one.Don't miss out on this unique opportunity to cash flow now and create future equity and additional cash flow.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features On-Street Parking Only
Roof Type Asphalt
Building
Story Two
Foundation 1658
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Wood Siding
New Construction false
Schools
School District Minneapolis
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