3025 Park AVE new

Minneapolis,MN 55407

$ 509000

- Bed

- Bath

2800 SqFt


Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,800 sqft

Price per Sqft $181

Subdivision Chicago Lake Park Add

MLS Listing ID 6710045

Year Built 1937

Annual Tax Amount $8,280

Tax Year 2025

Contingent None

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 40x119

Property Sub-Type Quadruplex

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, and there's the possibility to house hack, at this price, it won't last long.

Location

State MN

County Hennepin

Rooms

Basement Full,Concrete,Unfinished

Interior

Heating Baseboard,Boiler

Fireplace No

Exterior

Parking Features Detached

Garage Spaces 4.0

Building

Lot Description Public Transit (w/in 6 blks)

Story Two

Foundation 1400

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

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