3212 Portland Avenue, #A,B,C Minneapolis, MN 55407

$490,000
Active
Apartment  |  MLS # 6583080
Active
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About The Listing

This is a remarkable investment opportunity. It is perfect for investors who are looking to get into a cash-flowing investment property. 8 total bedrooms and 5 total baths. These are three fully leased condos in a triplex-style building that promises excellent cash flow and long-term stability. They are zoned as three separate condos, which offers a unique chance to own three properties under one roof. This property offers excellent cash flow and long-term stability. All three condos have the same owner. Unit C: over 2,000 sq ft, spans two levels with 4 bedrooms and 2 bathrooms. Recent updates include a new refrigerator, rants and newly installed bathroom in the attic, and new carpeting in main living areas. Unit B: Nearly 1,200 sq ft, recently updated in 2020 with new flooring, bathroom fixtures, kitchen upgrads, new living room windows, a deck and an updraded electrical panel. Unit A: 820 sq ft, 2 bedrooms, 1 bathroom with side access to the yard and a dining room area


Listing courtesy of William Schultz, Keller Williams Premier Realty
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Property Details

Features

 
 
 
Property Type: Commercial
Status: Active
Contingency Type: None
Year Built: 1889
MLS #: 6583080
Garage Spaces: 3
Parking Description: Detached, Paved, More Parking Onsite for Fee
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block, Storage/Locker
Construction Description: Stucco
Roof Description: Age Over 8 Years, Asphalt
Days On Market (Continuous): 18
Disability Features: None
Latest Update: 08/26/2024
List Date: 08/08/2024
Listing Agent ID: 502239675
Listing Office: Keller Williams Premier Realty
Listing Office ID: 9705
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Lot Dimensions: 42.1x119.35
Lot Size: 0.19 Acres
Lot Features: Public Transit (w/in 6 blks)
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $6,708
Contingency Type: None
City: Minneapolis
Zip: 55407
County: Hennepin
Subdivision: Condo 0162 Wolverton Condo
State: MN
Listing last updated: 08/26/24

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