2444 1st Avenue S,Minneapolis, MN 55404
Minneapolis, MN 55404
Description
Income-Producing Triplex - Fully rented triplex offering immediate cash flow. Featuring two spacious 2-bedroom units and one 1-bedroom unit, this property is an excellent choice for a first-time investor, an owner-occupant looking to offset living expenses with rental income, or an experienced investor seeking a quality property for a 1031 exchange. The property includes separate utilities, as well as off-street parking for tenants, and onsite laundry. A bonus third-floor studio provides endless possibilities and would make an ideal artist's studio, home office, creative space, or additional living area.
Details
| MLS # | 7126666 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 8 |
| Listing Provided By | RE/MAX Results | Karen L Reid |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| SQ Feet | 3,009 |
| Basement | Y |
| Units | 3 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.14 |
Interior
| Heating | Baseboard, Boiler |
|---|
Exterior
| Roof | Age 8 Years or Less, Asphalt |
|---|---|
| Construction Materials | Other |
| Lot Features | Tree Coverage - Light |
Parking
| Parking Features | Open |
|---|
Taxes
| Property | 9040 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55404 |
| Area | 84 |
| Community Name | Cochrans Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cochrans Add) | |
Price: $449,900 low | high Med: $1,924,950 sqft: 3,009 low | high Med: 11,346 $ / sqft: $150 low | high Med: $161 On site: 8 low | high Med: 153 | |
Market Activity 55404
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55404 |
| Area | 84 |
| Community Name | Cochrans Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Cochrans Add) | |
Price: $449,900 low | high Med: $1,924,950 sqft: 3,009 low | high Med: 11,346 $ / sqft: $150 low | high Med: $161 On site: 8 low | high Med: 153 | |
