$538,000
Active
60 Days Online
5 Beds3 Baths2,748 SQFT
Active

3304 Longfellow Avenue Minneapolis, MN 55407

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ENTREPRENEUR OPPORTUNITY... build equity while having tenants pay for the mortgage! Cash flowing triplex with options...well maintained, with roof, gutters, boiler and windows all less than 8 years old. Old-world charm fills the main floor 1-bedroom unit, with a front porch, high ceilings, original hardwood floors, oak trim, stained glass and built-in buffet. (Currently owner-occupied, but could be rental.) Upper two levels are currently an Air BnB 3-bedroom rental, rented about 85% of the time for the past 5 years. (Could also be full-time lease.) Basement level has laundry and a good 2-year tenant who wants to stay. Also good for multi-generational living. Hard to find 2-car garage and fully fenced, private back yard that invites you to stay... great for pets, kids, or just relaxing. Convenient location near bus, light rail, parks, restaurants including Matt’s Bar - home of the original Jucy Lucy. This great Corcoran Neighborhood triplex has easy access to the airport, a 'Very Walkable' Walk Score of 71 and a 'Biker’s Paradise' Bike Score of 98... great investment for rental or convenient living! Don't let this great opportunity pass you by! More info in SUPPLEMENTS

  • Property TypeMulti-Family
  • NeighborhoodMinnehaha Add
  • CountyHennepin
  • Taxes$4,352
  • HOA/Condo/Coop Fees$0
  • Days on Site60 Days
  • MLS StatusActive
  • MLS ID Number6578340
  • Home Size Source N/A
  • Year Built1909
  • Lot Size0.14 Acres
  • Full Baths2
  • Partial Baths1

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General Features

  • Construction Stucco
  • Parking DetachedGravel
  • Electric Circuit Breakers100 Amp Service
  • Basement Egress Window(s)Finished
  • Property Sub Type Triplex
  • Garage Spaces 2
  • Contingency None
  • Sewer City Sewer/ Connected
  • Water City Water/ Connected
  • Lot Features Public Transit (w/in 6 blks)Tree Coverage - Medium

Interior Features

  • Heating BaseboardBoilerHot WaterRadiant

Exterior Features

  • Roof AsphaltRubberAge 8 Years or LessPitched
  • Fencing FullPrivacyWood
  • Lot Public Transit (w/in 6 blks)Tree Coverage - Medium
  • Road Frontage City Street
  • Construction Details Stucco

Community Features

  • Association Amenities Patio

Schools

School District
Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,703
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