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3132 James Avenue S Minneapolis, MN 55408 Listing ID: 5432224

Price: $939,900.00

Property Description

Rarely available opportunity to owner occupy a cash-flowing rental property with views of Lake Bde Maka Ska (Calhoun)! Recent investments made include a new boiler and water heater, in addition to an oversized master suite that was added to the upstairs unit, with all new 3/4 bathroom and walk in closet. The property is also well suited for a traditional investor or AirBnB host seeking cash-flow and looking for a property near all of the amenities that Lake Bde Maka Ska has to offer. Located on a quiet street just 2 blocks from the heart of Uptown, the property has easy to rent units that command strong rents. Even the garage is rented on a month-to-month basis for additional cash flow! Property features two sun drenched private porches, which are great for entertaining when it warms up! This is a property rich in history in a location that will remain sought after for years to come. Do not miss out on this opportunity!

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  • 5,950 Sq. Ft.

Primary Features

County

Hennepin

School District

Minneapolis

Above Grade

5,200 sq. ft.

Below Grade

750 sq. ft.

Year Built

1910

Age

110 yrs old

Style

(MF) Triplex

Garage

2 Car Detached Garage

Lot Size

46 x 129

Property Taxes

$12,185

Contingency

Inspection

Additional Features

Basement

Finished (Livable), Partial Finished, Egress Windows

Exterior

Stucco, Wood

Foundation

1800

Fuel Source

Natural Gas

Heating

Hot Water

Lake

Bde Maka Ska

Lake Depth

82 ft

Lake Size

422 ft

Sewer

City Sewer/Connected

Tax Year

2020

Water

City Water/Connected

Zoning

Residential-Multi-Family

Units

Available Units

Unit

Beds

Baths

Rent

Sq. Ft.

1

2

1 / 0

$2,190.00

1,800

2

4

1 / 1

$3,000.00

3,100

Unit

Beds

Baths

Rent

Sq. Ft.

3

2

1 / 0

$1,370.00

750

4

2

0 / 0

$2,190.00

1,800

Directions

31st Street to James Avenue, turn right, home is on the right side of the street.

Listing Agency

Listing courtesy of
Gold Group Realty, Llc

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