3514 Grand Ave S

Minneapolis MN 55408

5400 sq. ft.

0.13 ac.

Duplex

Currently for sale - view listing

Overview

Discover a prime investment opportunity with this well-maintained triplex in the heart of Uptown Minneapolis. The property was built in 2005, a rare find in this location. Featuring three spacious units, each with modern kitchens, bathrooms and in-unit laundry, this property boasts a stellar rental history and high-quality tenants, ensuring a steady income stream. The property is easy to rent, with no vacancies in the past five years. Located steps from numerous restaurants, shops, and public transportation, the vibrant Uptown area is a desirable location in Minneapolis. This triplex offers excellent potential for long-term growth in a stable rental market. Additionally, there is potential to reduce expenses by separately metering water and having tenants cover their own water costs and there is an additional bedroom in unit #3 so a significant jump in rental income for that unit is possible. Don't miss the chance to add this property to your portfolio!