2030 Penn AVE S Active

Minneapolis,MN 55405

$ 1199000

7 Beds

3 Baths

5155 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,155 sqft

Price per Sqft $232

MLS Listing ID 6730762

Style (MF) Triplex

Bedrooms 7

Year Built 1911

Annual Tax Amount $9,975

Lot Size 5,227 Sqft

Property Description

This exceptional multifamily gem in the heart of Kenwood offers historic Mpls charm blended with modern updates-a truly incredible income potential and a unique investment opportunity. Featuring a stunning Lake Superior rock garden by Bachmann, a hot tub in the private backyard oasis, heated garage, and near to multiple city lakes and parks. Unit One includes three bedrooms, a full bath, and a charming screened sun porch. Unit Two offers 3 bedrooms and a 3/4 bath (with in-floor heat), lovely front facing sunroom, peaceful balcony/deck overlooking the backyard. Unit Three offers a bright and sunny studio-style open floor layout with one bedroom, gorgeous 3/4 bath and sunny skylights. Each Unit features updated kitchens and bathrooms. Lower level provides even more great usable common space, fresh painted and attractive epoxy floors throughout-laundry room, three separate storage rooms one for each unit, a large open area that has been recently used as an exercise space. The private backyard is its own urban oasis, with dappled sunlight over stone pavers, garden, covered deck and relaxing hot tub. One car garage is oversized, fully finished and heated. Plenty of additional on site parking. Enjoy the perfect blend of historical elegance and modern updates in this highly desirable location. With Kenwood's top-tier amenities, schools, and access to Minneapolis's urban lakes and nature, this property offers both comfortable living and rental income potential in one of the city's most sought-after neighborhoods.

Location

State MN

County Hennepin

Interior

Heating Baseboard,Boiler,Ductless Mini-Split,Fireplace,In-Floor Heating,Radiator

Laundry Common Area,Gas Dryer Hookup,In Basement,Laundry Room,Sink,Washer Hookup

Exterior

Parking Features Finished Garage,Detached Garage,Driveway - Concrete,Garage Door Opener,Heated Garage,Other

Garage Spaces 1.0

Roof Type Age Over 8 Years

Building

Lot Description Public Transit (w/in 6 blks),Tree Coverage - Medium

Water City Water/Connected

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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