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3310 Chicago Avenue, Minneapolis, MN 55407

Status: For Sale (Inspection)

3 units
3,175 sq ft

$369,700

WELCOME HOME

Get to know this property.

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an active short-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000 through a combination of short-term and long-term tenants, this property offers flexibility and income potential for investors. Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roof approximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basement bedroom offers future potential, subject to egress and applicable requirements. Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an exciting opportunity to invest in Minneapolis real estate!

The details that matter.

General Property Information for 3310 Chicago Avenue, Minneapolis, MN 55407 - MLS# 7162268
Bedrooms and Bathrooms
Total Bedrooms:
7
Total Bathrooms:
3
Size and Multi Family Residence
Year Built:
1889
Type of Property:
Multi Family Residence
Style:
Triplex
Stories/Levels:
2 Story
Total SqFt:
3,175
Total Fnsh'd SqFt:
3,175
Above Ground SqFt:
2,836
Finished Above Grade:
2,836
Below Ground SqFt:
1,120
Finished Below Grade:
339
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,120
Approx Lot Dimensions:
123 x 33
Approx Number of Acres:
0.093
Income and Expenses
Gross Income:
$48,000
Total Expenses:
$0

A closer look at the location.

Right on Chicago Ave. S across from the school.

This listing has been entered by the following office: LPT Realty, LLC

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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