3304 Longfellow AVE Active

Minneapolis,MN 55407

$ 538000

- Bed

- Bath

2748 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,748 sqft

Price per Sqft $195

Subdivision Minnehaha Add

MLS Listing ID 6578340

Year Built 1909

Annual Tax Amount $4,352

Tax Year 2024

Contingent None

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 20 X 125

Property Description

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

Location

State MN

County Hennepin

Rooms

Basement Egress Window(s),Finished

Interior

Heating Baseboard,Boiler,Hot Water,Radiant

Fireplace No

Exterior

Garage Detached,Gravel

Garage Spaces 2.0

Fence Full,Privacy,Wood

Roof Type Age 8 Years or Less,Asphalt,Pitched,Rubber

Parking Type Detached,Gravel

Building

Lot Description Public Transit (w/in 6 blks),Tree Coverage - Medium

Story More Than 2 Stories

Foundation 806

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

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