3835 5TH AVENUE

3835 5th Avenue, Minneapolis, 55409, MN

DETAILS

This cash-flowing 4-plex located in South Central Minneapolis presents an exceptional opportunity to expand your portfolio. Unit #3 is MTM and would be a great opportunity for an owner-occupant investor with almost all of the utilities being charged back to the tenants! Large yard & parking lot with lots of extra storage available. 2/4 units are 4D program participants which reduces the property taxes by up to an estimated 40% (up to 80% if the new owner registers all 4 units in the program!) With a limited number of 3-bedroom units available for rent in this area, you'll have strong rental demand and renters who want to stay long-term.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 4576 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 4576ft²

  • Basement Details: Brick/Mortar,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 2288ft²

  • Unit Amenities:

  • Heating System:

    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 75x122

  • Longitude: 44.9329

  • Latitude: -93.2685

  • Zoning: N/A

FINANCIAL & TAXES

  • Tax year: 2024

  • Tax annual amount: $7,257

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7662164

  • Listing Brokerage: MRG Realty Partners, LLC Agency Icon

ID: 3446328
Published: October 12, 2024
Last Update: October 12, 2024
Views: 31