3132 James Avenue S,  Minneapolis MN, 55408

(Active)
$999,900
|
8 beds, 3 Full baths, 5,950 sqft
|
MLS# 5336653
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Last Updated: 12/11/2019 2:43 AM
Description for 3132 James Avenue S Minneapolis, MN 55408
Rarely available triplex opportunity, with views of Lake Bde Maka Ska (Calhoun)! Recent investments made to the property 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 well situated for a traditional investment property, an owner occupant seeking cash flow from tenants, or an AirBnB host looking for a property near all of the amenities that Lake Bde Maka Ska has to offer. 2020 taxes have been reduced to $12,184. 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!
Price
$999,900
Calhoun Park
Hennepin
8
3 Full
5,950 (approx)
5336653
Active
Description
Rarely available triplex opportunity, with views of Lake Bde Maka Ska (Calhoun)! Recent investments made to the property 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 well situated for a traditional investment property, an owner occupant seeking cash flow from tenants, or an AirBnB host looking for a property near all of the amenities that Lake Bde Maka Ska has to offer. 2020 taxes have been reduced to $12,184. 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!
Listing Information
Property Type: Other
8 3 Full
0.13 Acres 5,950 (approx) 1910
1,800 Sq. Ft. Yes-2 spaces
Calhoun Park
5,950 Sq. Ft. (approx)
City
City Sewer
Natural Gas
3 Total
Neighborhood
School Information
District: 1 - Minneapolis
Room Information
Bathrooms
3
Interior Features
5,200 Sq. Ft. Above Ground ,750 Sq. Ft. Below Ground
Refrigerator, Range
Hot Water, Radiant
Finished, Partially Finished
Exterior / Lot Features
2 Garage Spaces, 2 Parking Spaces, Garage, Open Parking
Patio
Asphalt Shingle
Water
46 x 129
Residential-Multi-Family
Wood
Lake, In City, City Road
Driving Directions
31st Street to James Avenue, turn right, home is on the right side of the street.
Financial Considerations
0402824220064
$14,795
2019
Cash,DVA,Conventional,FHA
$81,220 Income ,$26,884Expense

Minneapolis Real Estate

Minneapolis is located in Minnesota. Minneapolis, Minnesota 55408 has a population of 412,438.

The median household income in Minneapolis, Minnesota 55408 is $44,303. The median household income for the surrounding county is $59,940 compared to the national median of $49,877. The median age of people living in Minneapolis 55408 is 38 years.

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Courtesy: Gold Group Realty, LLC
®Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity program of the Regional Multiple Listing Service of Minnesota, Inc. Real Estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. This broker is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Open House information is subject to change without notice.
This content last refreshed on 12/11/2019 2:43 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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