2444 1st Avenue S, Minneapolis, MN

$449,900

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5

Beds

3

Baths

3,009

Square feet

0.14

Acres

About 2444 1st Avenue S

Income-Producing Triplex - Fully rented triplex offering immediate cash flow. Featuring two spacious 2-bedroom units and one 1-bedroom unit, this property is an excellent choice for a first-time investor, an owner-occupant looking to offset living expenses with rental income, or an experienced investor seeking a quality property for a 1031 exchange. The property includes separate utilities, as well as off-street parking for tenants, and onsite laundry. A bonus third-floor studio provides endless possibilities and would make an ideal artist's studio, home office, creative space, or additional living area.

Features of 2444 1st Avenue S

MLS® # 7126666
Price $449,900
Bedrooms 5
Bathrooms 3.00
Square Footage 3,009
Acres 0.14
Year Built 1909
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 2444 1st Avenue S
Area 84
Subdivision Cochrans Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Parking Open
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Fireplace No

Exterior

Exterior Features Wood
Lot Description Tree Coverage - Light
Roof Age 8 Years or Less, Asphalt
Construction Other

School Information

District Minneapolis

Additional Information

Days on Market 27
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $9,040

Listing Details

OfficeRE/MAX Results

Listing Map

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