3025 Park Avenue, Minneapolis, MN

$499,900

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2,800

Square feet

0.11

Acres

About 3025 Park Avenue

Buyer's financing did not come through, so this little gem is back on the market! Do not miss the opportunity to make this charming income producing 4plex yours. Priced to move, these four 1 bed 1 bath units always rent well, and are a great opportunity for long term rentals or could be fantastic for an airbnb. Property is less than 2 miles from 2 major hospitals, so renting to traveling healthcare workers is another income option. Units have hardwood floors and tons of natural light, and building has a newer boiler system. Located on Park Ave and Lake Street the property is a straight shot to downtown, and conveniently located near local shopping, restaurants, and the Midtown Greenway. There are 4 garages, and storages units, one for each apartment and laundry in the basement. There is plenty of opportunity for additional income on this property, and there's the possibility to house hack, at this price, it won't last long.

Features of 3025 Park Avenue

MLS® # 6710045
Price $499,900
Bathrooms 0.00
Square Footage 2,800
Acres 0.11
Year Built 1937
Type Residential Income
Sub-Type Quadruplex
Style Quadruplex
Status Active

Community Information

Address 3025 Park Avenue
Area Central
Subdivision Chicago Lake Park Add
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

# of Garages 4
Garages Detached
Is Waterfront No
Has Pool No

Interior

Heating Baseboard, Boiler
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks)
Construction Stucco

School Information

District Minneapolis

Additional Information

Days on Market 166
Foreclosure No
Short Sale No

Listing Details

OfficeRE/MAX Results

Listing Map

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