3212 Portland AVE #A,B,C Active

Minneapolis,MN 55407

$ 485000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Condo 0162 Wolverton Condo

MLS Listing ID 6583080

Year Built 1889

Annual Tax Amount $6,708

Tax Year 2024

Lot Size 8,276 Sqft

Property Description

This is a remarkable investment opportunity. It is perfect for investors who are looking to get into a cash-flowing investment property. 8 total bedrooms and 5 total baths. These are three fully leased condos in a triplex-style building that promises excellent cash flow and long-term stability. They are zoned as three separate condos, which offers a unique chance to own three properties under one roof. This property offers excellent cash flow and long-term stability. All three condos have the same owner. Unit C: nearly 2,000 sq ft, spans two levels with 4 bedrooms and 2 bathrooms. Recent updates include a new refrigerator, rants and newly installed bathroom in the attic, and new carpeting in main living areas. Unit B: Nearly 1,200 sq ft, recently updated in 2020 with new flooring, bathroom fixtures, kitchen upgrads, new living room windows, a deck and an updraded electrical panel. Unit A: 820 sq ft, 2 bedrooms, 1 bathroom with side access to the yard and a dining room area

Location

State MN

County Hennepin

Zoning Residential-Multi-Family,Other

Interior

Heating Forced Air

Cooling Window Unit(s)

Inclusions Building,Leases,Other,Rental License

Exterior

Parking Features Detached,Paved,More Parking Onsite for Fee

Garage Spaces 3.0

Utilities Available Electric Separate,Heating Separate

Roof Type Age Over 8 Years,Asphalt

Building

Lot Description Public Transit (w/in 6 blks)

Story Three Or More

Foundation 1974

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Other,Stucco

Schools

School District Minneapolis

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