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About This Home
This 5-bedroom, 0-bathroom other at 349 15th Avenue NE in Minneapolis, MN is listed for $625,000 ($227 per sqft). Built in 1958, the home offers 2,748 sqft of living space on a 0.11 acres lot.
The perfect addition or start to your portfolio is here! This all-brick, 1958 built triplex features a rare 3-bedroom, 2-bathroom unit spanning the entire main floor, plus two 1-bedroom, 1-bathroom units on the upper level. All units have been nicely updated with stainless steel appliances, stone countertops, dishwasher in each unit, and numerous other improvements to ensure peak rental income.
Currently generating almost $60k in annual income with room to grow. Coin laundry is available for shared use by all units. The roof, mechanicals, and windows are all in great condition and on the newer side, ensuring stress-free management and lower CapEx concerns. Located in the heart of NE Minneapolis, one of the most sought-after rental locations in the city ensures lower vacancy and turnover from day one.
Key Features
- Built in 1958
- 0.11 acre lot
Property Details
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
349 15th Avenue NE
Minneapolis, MN 55413
Bottineaus 2nd Add Town Of St
Features & Amenities
Exterior Features
Property Details
Construction
Parking
Heating
Questions & Answers
This 5-bedroom, 0-bathroom other at 349 15th Avenue NE is listed at $625,000 ($227/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.
Key features include: Built in 1958, 0.11 acre lot. Exterior Features: Brick/Stone.
This property is listed by Michael Moe and can be reached at 2183105947 or mikemoe@kw.com.