3043 Grand Avenue S
Minneapolis, MN 55408
- – beds
- – baths
- 2,564 sqft
- $245 per sqft
- 1900 build
- – on site
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Solid 4-plex; fully rented with strong cash flow. Great uptown location - close to everything. New siding, windows, gutters, kitchen cabinets, carpet, tile, paint, etc. 4 new water heaters and forced air furnaces in each unit. Separate utilities. Owner only pays water bill. Four 1 bd, 1 bath units. 2 currently rented yearly for $1150/month. 2 are furnished and rented short term for $1500-1800/month. Mostly rented min 70-90 days to travel nurses; tenant placement pro does a great job keeping units rented - she is willing to continue to place tenants for new owner as she did when current owner bought property. It's been the key to achieving max net/cash flow. Records of rent$, bookings, leases, etc can be provided. Furnishings are negotiable to include in sale. Dream scenario to walk into well managed, proven max cash flowing property w/ 2 yrly leased units; 2 furnished, short-term leased units.
Listing courtesy of NORTHSTAR / Reid Lenz / Verde Real Estate Group
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Last updated Jul 2, 2023
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MLS# 5746884 —
Walk Score®
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Soundscore™
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
7/15/21
Jul 15, 2021
|
Sold | NORTHSTAR | $630,000 | -0.8% |
6/24/21
Jun 24, 2021
|
Pending | NORTHSTAR | $634,900 | |
6/14/21
Jun 14, 2021
|
Price Changed | NORTHSTAR | $634,900 | -0.8% |