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3025 Park Avenue, Minneapolis, MN 55407

Status: Off Market

4 units
2,800 sq ft 4 garage spaces

WELCOME HOME

Get to know this property.

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, or furnished rentals. 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 and restaurants. There are 4 garages, and storages units, one for each apartment and laundry in the basement. The property is located less than 2 miles from 3 major hospitals, so marketing to traveling nurses is a huge opportunity. 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.

The details that matter.

General Info
General Property Information for 3025 Park Avenue, Minneapolis, MN 55407 - MLS# 7005444
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1937
Type of Property:
Multi Family Residence
Style:
Four Plex
Stories/Levels:
2 Story
Total SqFt:
2,800
Total Fnsh'd SqFt:
2,800
Above Ground SqFt:
2,800
Finished Above Grade:
2,800
Below Ground SqFt:
1,400
Finished Below Grade:
0
Garage Stalls:
4
Garage SqFt:
1,440
Main Floor SqFt:
1,400
Approx Lot Dimensions:
40 x 119
Approx Number of Acres:
0.11
Income and Expenses
Gross Income:
$48,189
Total Expenses:
$0

A closer look at the location.

35W to 31st St, head east to Park Ave, North to property on the right

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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