$709,200
$699,900
1.3%For more information regarding the value of a property, please contact us for a free consultation.
3443 Colfax AVE S Minneapolis, MN 55408
3,616 SqFt
Key Details
Sold Price $709,200
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 3,616 sqft
Price per Sqft $196
MLS Listing ID 6394900
Year Built 1900
Annual Tax Amount $10,323
Tax Year 2022
Lot Size 5,227 Sqft
Property Sub-Type Apartment
Property Description
Solid, well maintained 4-plex; fully rented, strong cash flow, never a vacancy - List price offers this at 7.5-8% cap rate! $6k/m rent. Great uptown location - close to everything but situated on quiet street close to Kings Hwy & Rose Garden. Units have new/newer appliances, flooring, fixtures, etc. Units refreshed yearly w/ paint, cleaning, etc. Great for investor or owner-occ - 1 unit being held avail for 3-4 weeks for potential owner-occ. Units include - 3bd 2ba, 1/1 & (2) 2/1 units. 2 car garage - each stall get's $100/m extra. LL coin op laundry included. This is a clean, neat, ready-to-roll, money maker thats been owned/cared for correctly since 2009!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Hot Water
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Story More Than 2 Stories
Foundation 1438
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone,Stucco
New Construction false
Schools
School District Minneapolis
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP