3835 5th Avenue S
Minneapolis, MN 55409
Description
This cash-flowing 4-plex located in South Central Minneapolis presents an exceptional opportunity to expand your portfolio.
Unit #3 is MTM and would be a great opportunity for an owner-occupant investor with almost all of the utilities being charged back to the tenants!
Large yard & parking lot with lots of extra storage available.
2/4 units are 4D program participants which reduces the property taxes by up to an estimated 40% (up to 80% if the new owner registers all 4 units in the program!)
With a limited number of 3-bedroom units available for rent in this area, you'll have strong rental demand and renters who want to stay long-term.
Interior Details
- HeatingBoiler
Property Details
- Parking FeaturesParking Lot
Construction Details
- Property TypeMulti-Family
- Basement DescriptionBrick/Mortar
- Basement1
Condition
- Year Built1916
Material information
- RoofFlat
Utilities / Energy Details
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
Community and Neighborhood Details
- SubdivisionFifth Ave Add
Location
- School DistrictMinneapolis
- CountyHennepin
Financial Details
- Taxes Annual$7,257
- Days on Market (Cumulative)3
Other
- MLS #6616316
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Nathan Schammel (#NST506017223)
Listing Office: MRG Realty Partners, LLC (#NST26013)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
