3433 SNELLING AVENUE

3433 Snelling Avenue, Minneapolis, 55406, MN

FEATURES

DETAILS

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in 1917. Each of the two units—one above and one below—boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements. The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Seller installed 3k top of the line vivint security system that's paid off and staying with the home. Don’t miss out on this incredible opportunity!

INTERIOR

  • Bedrooms: 4

  • Fin ft² / Living Area: 2392 ft²

  • Below Ground Living: N/A

  • Bathrooms: 2

  • Above Ground Living: 2392ft²

  • Basement Details: Block,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: Central Air,Window Unit(s)

  • Garage Spaces: 1

  • Construction Materials: N/A

  • Foundation Size: 1196ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

ROOMS

Main Size ft²
Bedroom 1 12x10 144 ft²
Bedroom 2 17x7 289 ft²
Living Room 14x12 196 ft²
Informal Dining Room 14x12 196 ft²
Kitchen 11x10 121 ft²
Upper Size ft²
Bedroom 3 16x11 256 ft²
Bedroom 4 12x10 144 ft²
Sun Room 14x7 196 ft²
Living Room 14x12 196 ft²
Dining Room 14x10 196 ft²
Kitchen 15x10 225 ft²

LOT

  • Acres: N/A

  • Lot Size Dim.: 6098

  • Longitude: 44.9405

  • Latitude: -93.2298

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2024

  • Tax annual amount: $4,388

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7642240

  • Listing Brokerage: Keller Williams Realty Integrity-Edina Agency Icon

ID: 3346900
Published: August 29, 2024
Last Update: August 29, 2024
Views: 26