3016 Portland Avenue

Estimated Monthly Payment: $2,682/mo 3016 Portland Avenue, Minneapolis, MN 55407 MLS# 5262538 Multi-Family Listing Status: Pending
8
3
8,860 sqft

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36
8
0
0

REMARKS:

Unique opportunity to invest in a renovated, centrally located triplex offering classic South Minneapolis charm. Two spacious 3-bedroom units each offer an attractive layout with a sunroom and a dining room with built-in, while the 2-bedroom unit has been completely updated with a brand new kitchen, bathroom, and refinished hardwood floors throughout. In addition to spacious units, each unit has a dedicated storage unit down stairs and there is a two car garage with newly wired electrical.The previous owners did much of the heavy lifting to update and bring the property back to life. Improvements made have increased the overall appeal to renters and increased rental income significantly.Centrally located, walkable to both Midtown Global Market and Powderhorn Park. The location offers unique, easy access to downtown, uptown, and South Minneapolis with the Greenway and main city thoroughfares like Portland & Park Avenue close by. 2nd floor unit can be rented for 1600/month. Great opp!

OVERVIEW:

Multi-Family
Pending
None
(MF) Triplex
Central
State Add
1916
8860
0.12
Stucco
Asphalt Shingles, Age Over 8 Years
2
Hot Water, Boiler
Natural Gas
119x44
Tree Coverage - Light
City Water/Connected
City Sewer/Connected

FEATURES:

Coin-op Laundry Owned

ROOM INFO:

8
3
Full

SCHOOLS:

Minneapolis - 1

FINANCIAL:

$475,000
$6,190
2019
Electric, Fuel, Snow, Lawn

NEIGHBORHOOD & SCHOOL INFORMATION:

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If a listing is in Coming Soon status, it is not currently available for showings but will be soon.

 

This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. 

 

Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Molina Realtors shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

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