2541 3RD AVENUE

2541 3rd Avenue, Minneapolis, 55404, MN

DETAILS

Cash Cow! Long term tenants combined with college freshmen (who have to live near campus, which this property qualifies for now! Lots of opportunity to add an additional 4 bedroom unit in the basement! Zoned as a Corridor 4! Unit #2 is recently renovated and rented at $1,873/month. Unit #1 is 2,000/month Hugely desirable rental area in the Whittier neighborhood being located directly across from the Minneapolis College of Art and Design (MCAD) and Minneapolis Institute of Art (MIA). New kitchen counters, cabinets and appliances. Newer windows, fresh paint, buffed floors – this house shines! Buyers to verify all measurements. Layout is unique. Unit #1 has front half of 1st floor and all of 2nd floor. Unit #2 has back half of 1st floor (rear entrance door) and all of 3rd floor. General layout of what a 4 bedroom unit sketched up, but not approved by city of Minneapolis, available in supplements

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: 3260 ft²

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: 3260ft²

  • Basement Details: Storage Space, Unfinished,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: 2

  • Construction Materials: N/A

  • Foundation Size: 1740ft²

  • Unit Amenities:

  • Heating System:

    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 50x128

  • Longitude: 44.9559

  • Latitude: -93.2724

  • Zoning: N/A

FINANCIAL & TAXES

  • Tax year: 2025

  • Tax annual amount: $8,644

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADDITIONAL INFORMATION

  • MLS#: NST7708829

  • Listing Brokerage: Twin Cities Leasing LLC Agency Icon

ID: 3506023
Published: March 25, 2025
Last Update: March 25, 2025
Views: 17