Property Listing
Description
This large 4-plex went through a full remodel in 2011 (roof, windows, mechanicals, kitchens, bathrooms, ect..), each unit has its own utility meters, mechanicals, and in-unit laundry, making this building similar to a small condo building. Tenants pay their own Heat / Gas / Electric! Lots of storage is available in the basement with a separate entrance in the back for convenient access. Current rents are well below market for other 3-beds in the area, which can support an estimated 1700-1800 / M for similar units with in-unit laundry and furnace heat. Unit 1 was converted to 4-bed unit in the past, and unit 2 could be made into a similar 4-bed unit. The limited availability of 3- and 4-bedroom units in the area further strengthens the investment upside.
Property Information
Status: Active
Sub Type: ********
List Price: $664,900
MLS#: 6596769
Current Price: $664,900
Address: 3200 Bloomington Avenue, Minneapolis, MN 55407
City: Minneapolis
State: MN
Postal Code: 55407
Geo Lat: 44.944611
Geo Lon: -93.252777
Subdivision: Williams Add
County: Hennepin
Property Description
Year Built: 1912
Lot Size SqFt: 4791.6
Gen Tax: 10991
Specials Inst: 0
High School: ********
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 7920
Style: (MF) Four Plex
Total Bedrooms: 13
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: