Minneapolis, MN 55407,3208 Portland AVE
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Minneapolis, MN 55407,3208 Portland AVE
Minneapolis, MN 55407,3208 Portland AVE
Minneapolis, MN 55407,3208 Portland AVE
Minneapolis, MN 55407,3208 Portland AVE

$585,000

Est. payment /mo

$599,900

2.5%
Est.Price: ?

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3208 Portland AVE Minneapolis, MN 55407

3,812 SqFt

SOLD DATE : 04/12/2021

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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Listed by Joseph Maselter • eXp Realty
agent

Michael Kaslow

Agent & CEO | License ID: 502033806

+1(612) 619-6855

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