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    3208 Portland Avenue

    Minneapolis, MN 55407
    • $599,900
    • STATUS: Pending
    • ON SITE: 22 days
    • MLS #: 5710987
    Pending
    $599,900
    • 2
      BEDS
    • 0.12
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,812
      SQFT
    • $157
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1893
    County:
    Area:

    School Ratings & Info

    School District:
    Listing courtesy of Exp Realty.

    Description

    WOW!! Cash Flow $$$, character, location, and more! This investment home in South Minneapolis can be investor-owned or owner-occupied. It currently consists of 6 individually rented bedrooms, a studio apartment and a stand-alone basement unit. In addition, a 2-bedroom stand alone unit in the attic with plenty of sunshine can be re-rented with some adjustments to the home. Fully rented, this home brings in $7k+ a month and provides diversification through it's business model. Storage units, coin-laundry, front porch, office area and solid curb appeal put the finishing touches on this one.Don't miss out on this unique opportunity to cash flow now and create future equity and additional cash flow.

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    IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than RE/MAX Signature Properties are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. RE/MAX Signature Properties is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of RE/MAX Signature Properties, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-03-06T00:08:48.28.

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    3208 Portland Avenue Minneapolis, MN 55407

    • Price: $599,900
    • Status: Pending
    • MLS #: 5710987
    2
    Beds
    2
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,812
    SQFT
    $157
    $/SQFT
    1893
    Built
    Neighborhood:
    Wolvertons Add
    County:
    Hennepin
    Area:
    Minneapolis
    School District:
    1 - Minneapolis
    Property Description
    WOW!! Cash Flow $$$, character, location, and more! This investment home in South Minneapolis can be investor-owned or owner-occupied. It currently consists of 6 individually rented bedrooms, a studio apartment and a stand-alone basement unit. In addition, a 2-bedroom stand alone unit in the attic with plenty of sunshine can be re-rented with some adjustments to the home. Fully rented, this home brings in $7k+ a month and provides diversification through it's business model. Storage units, coin-laundry, front porch, office area and solid curb appeal put the finishing touches on this one.Don't miss out on this unique opportunity to cash flow now and create future equity and additional cash flow.
    Exterior Features

    Construction Materials Wood Siding Garage Square Feet 0 Levels Two Lot Size Dimensions 43X119 Parking Features On-Street Parking Only Roof Asphalt Waterfront YN No

    Interior Features

    Above Grade Finished Area 3154 Basement Finished Below Grade Finished Area 658 Fireplace YN No Foundation Area 1658 Heating Hot Water SQFTAbove Ground Total 3716.00 SQFTBelow Ground Total 1658.00 SQFTMain Total 1658.00 SQFTTotal 5374.00 U1 Unit Sq Ft 698 U2 Unit Sq Ft 600 Unit1 Bedroom1 Description Bedroom 1 Unit1 Bedroom1 Level Main Unit1 Dining Room Description Dining Room Unit1 Dining Room Level Main Unit1 Kitchen Description Kitchen Unit1 Kitchen Level Main Unit1 Living Room Description Living Room Unit1 Living Room Level Main Unit1 Total Rent 950.00 Unit2 Total Rent 820.00

    Property Features

    Accessibility Features None Additional Parcels YN No Association Amenities Coin-Op Laundry Owned Contingency None Electric Expense 2400 Expenses 23016.00 Foreclosure Status No Fuel Natural Gas Fuel Expense 2400 Gross Income 66240 Insurance Expense 2000 Internet Options Cable Lender Owned No Maintenance Expense 3600 Manager Expense 3600 Neighborhood Central New Construction YN No Operating Expense 23016 Other Expense 0 Owner Pays TaxesInsuranceWaterElectricityFuelRepairsJanitorial ServiceTrash CollectionSnow RemovalOther Postal City Minneapolis Potential Short Sale No Present Use Yearly Property Sub Type Triplex Road Frontage Type City Street Road Responsibility Public Maintained Road School District Number 1 Sewer City Sewer/Connected Tax Annual Amount 7455 Tax With Assessments 7541.00 Tax Year 2020 Trash Expense 0 Unit Type Unit 1Unit 2Unit 3Unit 4 Water Sewer Expense 3000 Water Source City Water/Connected Zoning Description Residential-Multi-Family

    © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
    Listing courtesy of Exp Realty. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


    IDX data © 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than RE/MAX Signature Properties are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. RE/MAX Signature Properties is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of RE/MAX Signature Properties, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2021-03-06T00:08:48.28.

    Click here for Digital Millennium Copyright Act
     
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    130 E Lincoln Ave
    Fergus Falls MN, 56537
    Listing courtesy of Exp Realty.