3640 Aldrich Avenue S

Minneapolis, MN, 55409

$889,000

$255 per ft²
$889,000
$255 per ft²
Active
Active
 - For Sale
carpenters-square
3,474 ft²
property_type
Multi-family
calendar
Built 1960
Rare opportunity to buy this fourplex in Uptown blocks from Lake Bde Make Ska and Lake Harriet! All units will be leased by May 1st and have the same layout with 2 beds, 1 bath, Kitchen, & LR. Each has its own meter and tenants pay for electric. They all have a front and back entrance, updated appliances, some updated flooring, and new paint. Rents are $1300-$1500 depending on the unit, which are below market (rents can go up to $1800). Rare detached newer garage with a 3rd parking spot out back. Additionally, there's so much potential in the full unfinished basement to build instant equity; think space for an owner occupant, 5th unit, additional finished space to rent to existing tenants, it's limitless and ready to be finished. Coin-op laundry, utilities, and additional storage is also in the basement, which is accessed by the back entrance/staircase.
MLS® ID:
6181240
Listed:
4/28/22
Updated:
9/26/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
Baseboard, Hot Water

Exterior/Building Features

Lot Size
5,227 ft² lot
Roof
Age Over 8 Years, Asphalt
Sewer
City Sewer/Connected

School Information

High School
Minneapolis

Other Property Details

Taxes
$10472
Tax Frequency
per YEAR
HOA Amenities
Coin-op Laundry Owned
Garage
Yes
Garage Spaces
2
Parking
Detached, More Parking Onsite for Fee, Storage
View
N
County
Hennepin
Water Source
City Water/Connected
Pool
No

Property History

Date
Event
Price
Value
7/18/22
Price Change
$889,000
-11%

 

Courtesy of Realty Group LLC

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Mariah Adanene shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 Northstar MLS. All rights reserved. 

Data last updated 12:11 AM UTC, 9/26/22

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