Active | MLS # 6363568 | Listed by MRG Realty Partners, LLC
3001 N 3rd Street is a $1,099,000, 7,392 square foot home on a 0.21 acre lot located in Minneapolis, MN.
Presenting a prime investment opportunity in Minneapolis, MN - an extensively renovated 8 unit multifamily property ready for success. With updated finishes throughout, this turn-key asset attracts quality tenants and is positioned for long-term profitability. Highlights include every unit showcasing modern upgrades, from flooring to cabinets and appliances, ensuring a desirable living experience. The parking lot has been resurfaced, adding to the property’s visual appeal and convenience for residents. Recent a v pproval for the Minneapolis 4D Tax Program positions the new owner to save an estimated 40% on property taxes, maximizing returns. Fully occupied with a management company willing to continue, the property offers immediate cash flow and minimal leasing risk.
| Cooling Types | Window Unit(s) |
| Heating Types | Boiler |
| Parking Types | Parking Lot |
| Exterior Features | None Coin-op Laundry Leased Residential Electricity Electric Separate |
| Construction Types | Brick/Stone Stucco |
| Water Source | City Water/Connected |
| Sewer | City Sewer/Connected |
| Property Type | Commercial Sale |
| Property Sub Type | Apartment |
| Year Built | 1963 |
| HOA Fee | $0.00 |
| Taxes | $8,025.00 |
| County | hennepin |
| School District | minneapolis |
| Neighborhood | Morrisons Add To North |
Based on information from the Regional Multiple Listing Service of Minnesota, data last updated 12/03/2023 at 05:15pm MST. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website© 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. See full DMCA disclaimer
