3322 Chicago Avenue, Minneapolis, MN

$975,000

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0.14

Acres

About 3322 Chicago Avenue

Truly turnkey 1% rule 5 unit. 4/5 units rented at $1895/mo. Just appraised for 1.53m! Incredible opportunity - 1.2 million $ renovation funded by insurance company (storm damage) includes BRAND NEW roof, ALL windows, plumbing, electrical, flooring, bathrooms, kitchens, appliances, and MORE. Each unit has been meticulously gutted and rebuilt from the ground up - all permits pulled and no shortcuts taken. Spacious 3 bedroom units w/ private laundry in each. Upper 4 units are nearly identical, garden level unit is bigger with exposed beams and impressive floorplan. This is as close to new construction as you'll find - on a quiet block of Chicago. Easy to show!

Features of 3322 Chicago Avenue

MLS® # 6487362
Price $975,000
Bathrooms 0.00
Acres 0.14
Year Built 1910
Type Commercial Sale
Status Active

Community Information

Address 3322 Chicago Avenue
Area Central
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

Amenities Patio, Security
Garages Assigned, Concrete, Paved, Open
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Heating Baseboard, Boiler, Hot Water, Radiator(s), Radiant
Cooling Window Unit(s)
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks)
Roof Age 8 Years or Less, Flat
Construction Fiber Cement, Fiber Board, Slate, Stucco, Wood Siding

School Information

District Minneapolis

Additional Information

Days on Market 16
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $9,552

Listing Details

OfficeBRIX Real Estate

Listing Map

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