3245 Penn N Avenue, Minneapolis, MN 55412

  • $420,000
3245 Penn N Avenue, Minneapolis, MN 55412

Overview

Property ID: 603334
  • Residential Income
  • Property Type
  • 4
  • Garages
  • 3456
  • Sqft
  • 1925
  • Year Built

Description

Introducing a great investment opportunity – a cashflowing 4-unit building designed for financial success. Each unit features individual furnaces and water heaters, strategically minimizing owner expenses. Units 1 and 3 stand as renovated gems, showcasing brand-new kitchens for modern living. Meanwhile, Units 2 and 4 present an ideal chance to boost equity. Revel in the benefits of newer windows and updated bathrooms throughout. Adding to the appeal is a 4-stall garage at the alley, providing convenient storage or an additional stream of rental income. Seize this opportunity for a profitable investment in real estate, where cash flow meets the potential for added value. Schedule your showing today!

Details

Updated on December 6, 2023 at 7:36 pm
  • Property ID: 603334
  • Price: $420,000
  • Property Size: 3456 Sqft
  • Garages: 4
  • Year Built: 1925
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: NST6463940
  • Office Name: EXP REALTY
  • MLS Status: Active

Additional details

  • Roof: Flat
  • Sewer: City Sewer/Connected
  • Heating: Forced Air
  • Tax Annual: 4809
  • Tax Year: 2023
  • County: Hennepin
  • Property SubType: Quadruplex
  • Parking: On-Street Parking Only
  • Water Source: City Water/Connected
  • Address 3245 Penn N Avenue
  • City Minneapolis
  • State/county MN
  • Zip/Postal Code 55412
  • Area Rheems Add
  • Country United States

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Zach Olson
  • Zach Olson