3640 ALDRICH AVENUE

3640 Aldrich Avenue, Minneapolis, 55409, MN

DETAILS

Rare opportunity to buy this fourplex in Uptown blocks from Lake Bde Make Ska and Lake Harriet! All units will be leased by May 1st and have the same layout with 2 beds, 1 bath, Kitchen, & LR. Each has its own meter and tenants pay for electric. They all have a front and back entrance, updated appliances, some updated flooring, and new paint. Rents are $1300-$1500 depending on the unit, which are below market (rents can go up to $1800). Rare detached newer garage with a 3rd parking spot out back. Additionally, there's so much potential in the full unfinished basement to build instant equity; think space for an owner occupant, 5th unit, additional finished space to rent to existing tenants, it's limitless and ready to be finished. Coin-op laundry, utilities, and additional storage is also in the basement, which is accessed by the back entrance/staircase.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 3474 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 3474ft²

  • Basement Details: Full, Daylight/Lookout Windows, Block, Unfinished, Storage Space, Shared Access, Owner Access,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 1680ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water
    • Baseboard

ROOMS

Main Size ft²
Unit 1 Bedroom 1 10x10 100 ft²
Unit 1 Bedroom 2 10x10 100 ft²
Unit 1 Kitchen 12x10 144 ft²
Unit 1 Living Room 12x10 144 ft²
Unit 2 Bedroom 1 10x10 100 ft²
Unit 2 Bedroom 2 10x10 100 ft²
Unit 2 Kitchen 12x10 144 ft²
Unit 2 Living Room 12x10 144 ft²
n/a Size ft²
Unit 1 Dining Room n/a 0 ft²
Unit 2 Dining Room n/a 0 ft²
Unit 3 Dining Room n/a 0 ft²
Unit 4 Dining Room n/a 0 ft²
Upper Size ft²
Unit 3 Bedroom 1 10x10 100 ft²
Unit 3 Bedroom 2 10x10 100 ft²
Unit 3 Kitchen 12x10 144 ft²
Unit 3 Living Room 12x10 144 ft²
Unit 4 Bedroom 1 10x10 100 ft²
Unit 4 Bedroom 2 10x10 100 ft²
Unit 4 Kitchen 12x10 144 ft²
Unit 4 Living Room 12x10 144 ft²

LOT

  • Acres: N/A

  • Lot Size Dim.: 42x129

  • Longitude: 44.9364

  • Latitude: -93.2898

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2022

  • Tax annual amount: $10,472

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST6181240

  • Listing Brokerage: Realty Group, Inc. Agency Icon

ID: 649045
Published: April 29, 2022
Last Update: April 29, 2022
Views: 117