18 more
Presented By: MSP Services, LLC
This well-maintained, beautiful, classic triplex in Uptown Minneapolis is only for sale because the seller has moved. This property was in good condition when the current owner purchased it and then made many improvements, including a new roof, fascia, windows, gutters, french drains, a high-end professional paint job, and more. The seller was planning on holding for years. It is always rented with good tenants. It has an excellent rental history. Currently, it has two units rented with the first floor available for owner occupant or ready for a new tenant. The floor plans are original, with the 1st and 2nd floor units having the same layout and condition. 4 off-street parking spots are available behind the Tri-plex. The location is excellent, near new redevelopment in the city, lakes, restaurants and cafes in the vibrant part of Uptown. This has been an excellent source of income, with tenants paying all utilities. The triplex is low-maintenance and has been a joy to manage.
Presented By: MSP Services, LLC
Above Grade Finished Area2568
BasementEgress Window(s), Partially Finished
Basement (Y/N)Yes
Below Grade Finished Area642
Foundation Dimensions30x50
FuelNatural Gas
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
DirectionsFrom Hennepin Ave S go east on 25th Street W for 2 blocks, turn right on Dupont
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Garage Spaces
Gross Income56582
HeatingBaseboard, Boiler
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal3
Operating Expense0
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
RoofAge 8 Years or Less, Architectural Shingle
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameAnderson Douglas & Co 1st Add
Tax Annual Amount8297
Tax Year2023
Tenant PaysAll Utilities
Trash Expense0
Water Sewer Expense0
Year Built1924
Foundation Area1500
Lot Dimensions129x40
Lot Size Area0.12
Parking FeaturesGravel
Water SourceCity Water/Connected
Realtor® MN