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Mona Schomas

monaschomas@kw.com +1(715) 781-8605

$ 849,900

Est. payment | -/mo

10 Beds

8 Baths

4,900 SqFt

Save

$ 849,900

Est. payment | -/mo

Save

10 Beds

8 Baths

4,900 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,900 sqft

Price per Sqft $173

Subdivision Bakers Add

MLS Listing ID 7079275

Bedrooms 10

Year Built 2005

Annual Tax Amount $14,668

Tax Year 2026

Contingent None

Lot Size 5,662 Sqft

Lot Dimensions 45x129

Property Sub-Type Triplex

Property Description

Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Egress Window(s), Finished

Interior

Heating Forced Air

Fireplace No

Laundry In Unit

Exterior

Parking Features Detached Garage

Garage Spaces 3.0

Fence None

Pool None

Roof Type Age Over 8 Years

Building

Story Two

Foundation 1800

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Shelbie Walsh • Real Broker, LLC

Nearby Locations

GET MORE INFORMATION

Mona Schomas

REALTOR® | Lic# MN - 40738209 WI - 93117-94

monaschomas@kw.com

+1(715) 781-8605

1610 Maxwell Dr Suite 150 Hudson WI 54016

3514 Grand AVE S Minneapolis, MN 55408

Mona Schomas

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

3514 Grand AVE S