$835,000
$899,900
7.2%For more information regarding the value of a property, please contact us for a free consultation.
3132 James AVE S Minneapolis, MN 55408
5,950 SqFt
Key Details
Sold Price $835,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 5,950 sqft
Price per Sqft $140
Subdivision Calhoun Park
MLS Listing ID 5486396
Sold Date 07/31/20
Year Built 1910
Annual Tax Amount $12,185
Tax Year 2020
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 46 x 129
Property Description
Rarely available opportunity to owner occupy a cash-flowing rental property with views of Lake Bde Maka Ska (Calhoun)! Recent investments made include a new boiler and water heater, in addition to an oversized master suite that was added to the upstairs unit, with all new 3/4 bathroom and walk in closet. The property is also well suited for a traditional investor or AirBnB host seeking cash-flow and looking for a property near all of the amenities that Lake Bde Maka Ska has to offer. Located on a quiet street just 2 blocks from the heart of Uptown, the property has easy to rent units that command strong rents. Even the garage is rented on a month-to-month basis for additional cash flow! Property features two sun drenched private porches, which are great for entertaining when it warms up! Do not miss out on this opportunity!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Body of Water Bde Maka Ska
Lake Name Minneapolis
Rooms
Basement Egress Window(s), Finished, Partially Finished
Interior
Heating Hot Water
Fireplace No
Exterior
Parking Features Detached, Open
Garage Spaces 2.0
Fence Wood
Waterfront Description Lake View
View Y/N West
View West
Roof Type Age Over 8 Years,Asphalt
Building
Lot Description Tree Coverage - Light
Story More Than 2 Stories
Foundation 1800
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Stucco,Wood Siding
New Construction false
Schools
School District Minneapolis
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