3241 CEDAR AVENUE

3241 Cedar Avenue, Minneapolis, 55407, MN

DETAILS

Hard to find, solid money making triplex in south MPLS. Well maintained building with a two car garage and several extra storage options that produce more income. Unit #2 had a total kitchen remodel recently, #1 & #3 are in great shape and well cared for. Units are good sized as the whole building is large at about 3800 FSF. Current leases in place for unit #1(July 2020) & #3(Sept. 2022), Unit 2 is month to month. Basement has more potential for finished space. This would be an excellent owner occupant investment or a straight investment for the savvy investor with some skills to finish the basement.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 3087 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 3087ft²

  • Basement Details: Full, Stone/Rock,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 1050ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water
    • Boiler

ROOMS

Main Size ft²
Unit 1 Bedroom 1 12x11 144 ft²
Unit 1 Bedroom 2 11x10 121 ft²
Unit 1 Kitchen 18x11 324 ft²
Unit 1 Living Room 22x14 484 ft²
n/a Size ft²
Unit 1 Dining Room n/a 0 ft²
Unit 2 Dining Room n/a 0 ft²
Upper Size ft²
Unit 2 Bedroom 1 15x13 225 ft²
Unit 2 Bedroom 2 12x9 144 ft²
Unit 2 Kitchen 13x12 169 ft²
Unit 2 Living Room 13x12 169 ft²
Unit 3 Bedroom 1 17x15 289 ft²
Unit 3 Kitchen 9x9 81 ft²
Unit 3 Living Room 22x14 484 ft²

LOT

  • Acres: N/A

  • Lot Size Dim.: N 125/50/125/50

  • Longitude: 44.9432

  • Latitude: -93.247

  • Zoning: N/A

FINANCIAL & TAXES

  • Tax year: 2021

  • Tax annual amount: $4,980

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST6148301

  • Listing Brokerage: Re/Max Advantage Plus Agency Icon

ID: 385181
Published: February 03, 2022
Last Update: February 03, 2022
Views: 178