3514 Grand Avenue S, Minneapolis, MN

$849,900

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10

Beds

8

Baths

4,900

Square feet

0.13

Acres

About 3514 Grand Avenue S

Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!

Features of 3514 Grand Avenue S

MLS® # 7079275
Price $849,900
Bedrooms 10
Bathrooms 8.00
Square Footage 4,900
Acres 0.13
Year Built 2005
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 3514 Grand Avenue S
Area 48
Subdivision Bakers Add
City Minneapolis
County Hennepin
State MN
Zip Code 55408

Amenities

Amenities None
Parking Detached Garage
# of Garages 3
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Forced Air
Fireplace No

Exterior

Exterior Features Stone, Vinyl
Roof Age Over 8 Years

School Information

District Minneapolis

Additional Information

Days on Market 55
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $14,668

Listing Details

OfficeReal Broker, LLC

Listing Map

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