$500,000
$500,000
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3835 5th AVE S Minneapolis, MN 55409
4,640 SqFt
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,640 sqft
Price per Sqft $107
Subdivision Fifth Ave Add
MLS Listing ID 5319351
Sold Date 11/06/19
Year Built 1916
Annual Tax Amount $7,970
Tax Year 2019
Contingent None
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 75x122
Property Description
Great Minneapolis 4-plex with tremendous cash-flow! $5,600/month in rent! Cap rate of 7.5%! Roof, windows, and 3/4 boilers are all new within the last 12 mos! Fully occupied through Spring 2020. Resident parking lot behind the property. New commercial washer/dryer with air card readers provide great source of extra income! All utilities are sub-metered. Don't miss out!
Location
State MN
County Hennepin
Rooms
Basement Unfinished
Interior
Heating Baseboard
Fireplace No
Exterior
Fence Chain Link
Roof Type Flat
Building
Story Two
Foundation 2320
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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