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Address
3044 James Avenue S Minneapolis, MN
Price
$ 950,000
Property Attributes
  • MLS#5284142
  • TypeMulti-Family
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaCalhoun Park
  • NeighborhoodECCO
  • Zip55408
  • Style(MF) Apartments
  • Year Built1909
  • Taxes14191
  • Price$ 950,000
  • Bedrooms9
  • Full Bathrooms6
  • Half Bathrooms1
  • Sqr Footage5624
  • Lot Size6,970 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Burnet
Property Description

This extremely rare investment property in East Calhoun's with a Golden Rental address only a block from the Lake. It's truly a diamond in the rough that has great cash flow already in place. The "value added" rents are about 20% below market for the Vintage building. It has a new roof, siding, boiler, and most of the windows have been replaces. Bring your ideas for a little cosmetic rehab and update the rents in the process! This is truly a CASH COW with some HUGE Upside with an AR1 zoning. The property has lots of charm and every unit is unique with hardwood floors, built in buffet's, decorative fireplace, and multi faceted layout ready for your creativity! Hurry this won't last!

Price History
8/26/2019 Listed $950,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55408

Price
AVG $610K
$950K
Taxes
AVG $8,067
$14,191
Visits
AVG 70
52
Year Built
AVG 1906
1909
Walkscore
AVG 83
84
Data Provided by Walkscore ® not using MLS data

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