Property Listing
Description
Exceptional turnkey triplex in the Sheridan Neighborhood of Northeast Minneapolis. Whether you are an investor seeking a stable income-producing property or an owner-occupant looking to house-hack, this is the perfect opportunity. This unique triplex currently has active Long-term and Short-term rental licenses with the City of Minneapolis. Each of the three units is currently vacant and has been thoughtfully updated with modern finishes, stainless steel appliances, LVP flooring, and newer windows. The property also features an unfinished basement with dedicated storage and laundry accommodation for each unit. There is a large fenced outdoor space that includes a one-car garage with attached sheds, a two-car garage, and spacious uncovered off-street parking with additional capacity for six to eight vehicles. This immense exterior space offers potential for future ADU opportunities. Unit 1 on the main level features one bedroom and one bathroom and was previously used as a long-term rental. Unit 2 on the main level features one bedroom, one bathroom, and forced air with central A/C . This unit is currently used as a short-term rental, fully furnished and operational, netting an average of $2,000 per month. Unit 3 on the upper-level features two bedrooms, two bathrooms, in unit washer and dryer, in-suite bathroom in the primary bedroom, and forced air with central A/C. This unit was owner occupied. Located in one of Northeast Minneapolis’ most creative and energetic neighborhoods, this property is surrounded by popular restaurants, breweries, galleries, and local small businesses; all while offering convenient access to Downtown Minneapolis and The University of Minnesota. Don’t miss your chance to own this unique, updated triplex and all its amenities!
Property Information
Status: Active
Sub Type: ********
List Price: $569,500
MLS#: 7105738
Current Price: $569,500
Address: 1411 Grand Street NE, Minneapolis, MN 55413
City: Minneapolis
State: MN
Postal Code: 55413
Geo Lat: 45.002078
Geo Lon: -93.269329
Subdivision: Traders Add To St Anthony
County: Hennepin
Property Description
Year Built: 1900
Lot Size SqFt: 8712
Gen Tax: 7706
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 2306
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 3490
Style: Array
Total Bedrooms: 4
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 3
Waterfront:
Property Features
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Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
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