Property Listing
Description
Fantastic investment opportunity! This well-maintained and updated true up-and-down duplex offers strong rental income, excellent potential, and easy rental appeal. Top Unit is owner occupied and the bottom unit is 1200/month Each spacious unit features 3 bedrooms, 1 bathroom, beautiful hardwood floors, a separate furnace and water heater, and tenant-paid utilities. Built in 1963, this solid duplex also features coin-operated laundry, off-street parking, and numerous updates throughout. The basement offers additional space with potential to add a third unit, subject to city approval. With large units, separate utilities, strong rents, and a desirable layout, this is a great opportunity for an investor looking for a turn-key, income-producing property with additional upside.
Property Information
Status: Active
Sub Type: ********
List Price: $350,000
MLS#: 7146328
Current Price: $350,000
Address: 3229 Penn Avenue N, Minneapolis, MN 55412
City: Minneapolis
State: MN
Postal Code: 55412
Geo Lat: 45.014174
Geo Lon: -93.308618
Subdivision: Rheems Add
County: Hennepin
Property Description
Year Built: 1963
Lot Size SqFt: 5227.2
Gen Tax: 4038.98
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 2006
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2016
Style: Array
Total Bedrooms: 6
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: