$659,000

3038 13th Ave S 11Minneapolis, MN 55407

Type: Commercial

1926 Year Built

Description

Invest in this rare condominium package today and grow your investment portfolio with 10% down Contract for deed!! This property is offered as part of a bundle of four units. Located blocks from Powderhorn Lake and Midtown Global Market, these properties offer excellent four-bedroom rentals with the best amenities south Minneapolis has to offer. A 10-minute drive downtown or 20 to the airport means these units rent easily and stay rented. They cash flow WITH HOA fees factored in! All units are currently occupied with great tenants with potential to vastly increase rent overtime. Don't miss this one before it's gone!!

MLS ID: 6625428

Directions: Lake Street to 13th Ave, South to home.

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Property Details

Essential Details

MLS #: 6625428

Listing courtesy of: RE/MAX Results

Price: $659,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family, Residential-Single Family

Current Use: Residential

Total Units: 4

Tenant Pays: Electricity

Owner Pays: Gas, Sewer

Parking Features: Paved, Unassigned

Building Details

Owner Occupied: No

Construction Materials: Brick/Stone

AccessibilityFeatures: None

Roof: Flat, Tar/Gravel

Heating: Boiler, Hot Water

Cooling: None

Style: Apartment, High Rise

Year Built: 1926

Foundation Area: 1,210

Amenities - Unit: Ceiling Fan(s), Hardwood Floors, Kitchen Window, Security System, Tile Floors, Walk-In Closet

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Number of Ranges: One Per Unit

Number of Refrigerators: One Per Unit

Utilities: Electric Common

Lot Details

Complex/Dev/Sub Name: Cic 1284 13th Ave Condo

Lot Dimensions: COMMON

Road Frontage: City Street

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 02

Survey Township: 28

Taxes

Tax Year: 2024

Tax Amount: $1,837

Assessment Pending: Yes

Taxes w/Assessments: $1,877

This listing was last updated by RE/MAX Results on 12/13/2024 at 10:41 am.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 12/22/2024 1:25 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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