3853-55 Portland Avenue S

Estimated Monthly Payment: $1,787/mo 3853-55 Portland Avenue S, Minneapolis, MN 55407 MLS# 5683678 Multi-Family Listing Status: Active
4
1
1
4,788 sqft

Access Price History, Days on Market, & More!

Unlock exclusive data!
17
0
0
0

REMARKS:

Investment property currently cash flowing $30,500 yr. (9.1% GROSS CAP RATE) Also perfect for an owner-occupant. Updates: 2015 boiler, 2012 roof, 2007 windows, 2017 sewer main & 2020 water main. 3rd FLOOR EXPANSION OPPORTUNITY for instant equity! tenants paying all utilities, a seamless transition with the current professional management company ( 10 years) & long term stable tenants you can’t go wrong. In the 1,300 sq ft main floor apartment you will find hardwood floors, huge windows, high ceilings, original pocket doors, full bath, living room, dining room & office. Upper apartment features over 1,000 sq ft with hardwood floors, spacious bedrooms, office & HUGE walk-in closet. BBQ in the backyard or lounge on the front porch on those warm summer evenings! No lack of storage with a 2-stall garage, off-street parking for those snowy Minnesota winters & convenient on-site SHARED laundry not coin operated.

OVERVIEW:

Multi-Family
Active
None
(MF) Duplex Up and Down
Bryant
1889
4788
Vinyl
Asphalt Shingles, Age 8 Years or Less
2
Baseboard, Hot Water
Natural Gas
43x117
Corner Lot
City Water/Connected
City Sewer/Connected

FEATURES:

Other

ROOM INFO:

4
1
1
Partial

SCHOOLS:

Minneapolis - 1

FINANCIAL:

$325,000
$3,659
2020
$1,800
$1,000
$1,990
Water/Sewer, Lawn, Snow, Trash, Fuel, Electric, Cable T.V., Broadband

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity  Courtesy of PRO Realty Services LLC 

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home evaluation.

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.

©2020  Northstar MLS. All rights reserved. Data last updated 11/26/2020, 1:57:24 AM.