MLS® ID: 5317648

2541 S 3rd Avenue

Minneapolis, Minnesota, 55404

$519,000 Active
  • 6 Beds
  • 3 Baths
  • 3260 SQFT
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.
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Listing courtesy of Wits Realty

Amenities

  • Full baths
    3
  • Full Baths Range
    3.0 Baths
  • Total Baths
    3
  • Zip
    55404
  • Office name
    Wits Realty
  • SQFT
    3260
  • Bedrooms
    6
  • Property type
    Multi-Family
  • School district
    1 - Minneapolis
  • Year built
    1900
  • Sewer
    City Sewer/Connected
  • Heating
    Forced Air
  • Tax year
    2019
  • Agent name
    Christopher Bjorling
  • Tax amount
    $ 5173.0
  • Purchase Type
    Active
  • Price Range
    $500k-$600k
  • Square Feet Range
    3000-3500 sq ft.
  • Bedrooms Range
    6 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    40828
  • Agent ID
    502048977

Location

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