Antwonette Lucas
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3310 Chicago Avenue, Minneapolis, MN 55407

$369,700
SQUARE FEET 3,175
MLS# 7162268
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Antwonette Lucas

Antwonette Lucas
Call: (507) 601-2096

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: D W Ellis Add
SCHOOL: Minneapolis
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Property Description

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!

3310 Chicago Avenue | MLS# 7162268

This multi-family property located at 3310 Chicago Avenue, Minneapolis, MN 55407 is currently listed for sale with an asking price of $369,700. Chicago Avenue is located within the Minneapolis school district. Search Minneapolis real estate on alucas.counselorrealtyofrochester.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Heating: Forced Air
Lot Size: 0.09 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $5,122
Year Built: 1889

Feature Descriptions

Exterior: Block, Concrete
Foundation Size: 1120
Lot Dimensions: 123x33
Owners Expense: All Utilities, Electricity, Gas, Hot Water, Insurance, Repairs, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0202824230061
Parking: Concrete, Paved Lot
Road Frontage: City Street, Sidewalks
Sewer: City Sewer/Connected
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: LPT Realty, LLC
Agency Phone: 763-772-8025

Shown By

Agent Name: Antwonette Lucas
Agent Phone: (507) 601-2096
Agency Title: Counselor Realty

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$ 2,502.36 per month $1,967.70 Principal & Interest $426.83 Property Tax $107.83 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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