3001 3rd Street, Minneapolis, 55411, MN
Price: $974,900
Status type: For Sale
City: Minneapolis
Neighborhood: Hawthorne
Bedrooms: 0
Property Size :0
Listing Agent: NST1001758,NST94679
Property type : Apartment
Zip code: 55411
Street: 3001 3rd Street
Street: 3001 3rd Street
Bathrooms: N/A
Year: 1963
Listing Brokerage: LPT Realty, LLC
Turn-key 8-unit apartment building offering a cash-flowing investment at affordable rent levels. The property includes six 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Units have been recently renovated, including new kitchens, countertops, flooring, and fixtures. Rents are set below 50% of the area median income (AMI), and the building is enrolled in the Minneapolis 4d Affordable Housing Program, providing approximately 40% in annual property tax savings. Additional improvements include upgraded mechanical systems, commercial-grade security and access controls, and a newly paved parking lot with off-street parking and on-site laundry. The building is fully stabilized; however,
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: ,
Appliances Included:
Air Conditioning: Wall Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 3696ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 52x170
Longitude: 45.0109
Latitude: -93.2838
Zoning: Residential-Multi-Family
Tax year: 2025
Tax annual amount: $7,682
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7759270
Listing Brokerage: LPT Realty, LLC