Matt Selnes
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2444 1st Avenue S, Minneapolis, MN 55404

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 651-698-8006

Shown By

Agent Name: Matt Selnes
Agent Phone: (507) 884-9206
Agency Title: Counselor Realty

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Property Description

Income-Producing Triplex - Fully rented triplex offering immediate cash flow. Featuring two spacious 2-bedroom units and one 1-bedroom unit, this property is an excellent choice for a first-time investor, an owner-occupant looking to offset living expenses with rental income, or an experienced investor seeking a quality property for a 1031 exchange. The property includes separate utilities, as well as off-street parking for tenants, and onsite laundry. A bonus third-floor studio provides endless possibilities and would make an ideal artist's studio, home office, creative space, or additional living area.

2444 1st Avenue S | MLS# 7126666

This multi-family property located at 2444 1st Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $449,900. 1st Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on mselnes.counselorrealtyofrochester.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Basement: Yes
Heating: Baseboard, Boiler
Lot Size: 0.14 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $9,040
Year Built: 1909

Feature Descriptions

Days on Site: 9
Foundation Size: 1242
Lot: Tree Coverage - Light
Lot Dimensions: 49x126
Owners Expense: Sewer, Trash Collection, Water
Parcel#: 3402924130046
Parking: Open
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Fuel, Gas, Heat
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,279.11 per month $2,394.56 Principal & Interest $753.33 Property Tax $131.22 Homeowner's Insurance

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