3310 Chicago Avenue

Minneapolis, MN 55407

About this property

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an activeshort-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000through a combination of short-term and long-term tenants, this property offers flexibility and income potential forinvestors.Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roofapproximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basementbedroom offers future potential, subject to egress and applicable requirements.Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an excitingopportunity to invest in Minneapolis real estate!

About this property

Exceptional investment opportunity! This versatile Minneapolis triplex features 7 bedrooms, 3 bathrooms, and an activeshort-term rental operation fully licensed by the City of Minneapolis. With projected annual rental income of $48,000through a combination of short-term and long-term tenants, this property offers flexibility and income potential forinvestors.Highlights include 7 off-street parking spaces on a concrete driveway, coin-operated basement laundry, a roofapproximately 5 years old, and updated HVAC and air conditioning approximately 3 years ago. An additional basementbedroom offers future potential, subject to egress and applicable requirements.Whether you're expanding your portfolio or exploring multiple rental strategies, this property presents an excitingopportunity to invest in Minneapolis real estate!

Features and Additional Information

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$369,700 Active
3,175 sqft

Presented By Coldwell Banker Crown Realtors

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Get in touch today! Phone: 1-320-762-2172
License #40733026 MN, 3459 ND
Brokerage
LPT Realty, LLC
1-763-772-8025
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Area Information

11 | Hennepin County | D W Ellis Add

$ 369,700
This listing is play_arrow 0.0% lower than the average in the area
$ 369,700 in the area
3,175 SqFt
This listing is play_arrow 0.0% smaller than the average in the area
3,175 SqFt in the area
$ 116 $/SqFt
This listing is play_arrow 0.0% less than the average in the area
$ 116 $/SqFt in the area
0 days on site
This listing is play_arrow 0% below the average in the area
0 days on site in the area

Schools in the Area

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    Elementary School
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    Minneapolis
Listed By Michael Jimenez
Brokerage: LPT Realty, LLC

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