Active
3200 Bloomington Avenue
Minneapolis MN, 55407
$664,900
$125.93 per sqft
Active
5,280 sqft
Multi-family
Built in 1912
This large 4-plex went through a full remodel in 2011 (roof, windows, mechanicals, kitchens, bathrooms, ect..), each unit has its own utility meters, mechanicals, and in-unit laundry, making this building similar to a small condo building.
Tenants pay their own Heat / Gas / Electric!
Lots of storage is available in the basement with a separate entrance in the back for convenient access.
Current rents are well below market for other 3-beds in the area, which can support an estimated 1700-1800 / M for similar units with in-unit laundry and furnace heat.
Unit 1 was converted to 4-bed unit in the past, and unit 2 could be made into a similar 4-bed unit.
The limited availability of 3- and 4-bedroom units in the area further strengthens the investment upside.
6596769
MLSⓇ ID
September 10, 2024
Listed
November 23, 2024
Updated
Map
3200 Bloomington Avenue
Minneapolis MN, 55407
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.11 Acres
Roof
Rubber
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$10,855
Tax Frequency
Annually
Days on Market
58
Garage
No
Parking
None
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
10/17/2024 | Price change | $664,900 -5% |
Courtesy of MRG Realty Partners, 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 Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 5:36 PM UTC, 11/23/2024