3025 Park AVE Active

Minneapolis,MN 55407

$ 509000

4 Beds

4 Baths

4200 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $121

Subdivision Chicago Lake Park Add

MLS Listing ID 6710045

Style (MF) Four Plex

Bedrooms 4

Year Built 1937

Annual Tax Amount $8,279

Lot Size 4,791 Sqft

Property Description

Do not miss the opportunity to make this charming income producing 4plex yours. Priced to move, these four 1 bed 1 bath units always rent well, and are a great opportunity for long term rentals or could be fantastic for an airbnb. Units have hardwood floors and tons of natural light, and building has a newer boiler system. Located on Park Ave and Lake Street the property is a straight shot to downtown, and conveniently located near local shopping, restaurants, and the Midtown Greenway. There are 4 garages, and storages units, one for each apartment and laundry in the basement. There is plenty of opportunity for additional income on this property, there's an assumable loan, (reach out to listing agent for more details) and there's the possibility to house hack, at this price, it won't last long.

Location

State MN

County Hennepin

Community Chicago Lake Park Add

Interior

Heating Baseboard,Boiler

Laundry Common Area,In Basement

Exterior

Parking Features Detached Garage

Garage Spaces 4.0

Building

Lot Description Public Transit (w/in 6 blks)

Water City Water/Connected

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