MLS® ID: 5317648
2541 S 3rd Avenue
Minneapolis, Minnesota, 55404 $519,000
Priced to sell! This home is a large historic beauty and provides amazing cash flow for an investor or owner occupant! Two 3-Bedroom Units. Unit #2 is rented for $2,325 per month. Unit #1 is recently renovated and market rent is estimated at $2,700 per month for a combined total of $60,300 annual rental income! Over $50k in updates - new boiler, new water heater, new windows, new kitchen counters, cabinets, appliances, fresh paint, buffed floors – this house shines! Hugely desirable rental area in the Whittier neighborhood being located directly across from the Minneapolis College of Art and Design (MCAD) and Minneapolis Institute of Art (MIA). Original floors, amazing woodwork, beautiful brick and large living spaces. New windows, Owner is agent. Buyers to verify all measurements.