Linda Schiefert
(218) 790-1664
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1 Total Photos [Click to View All]
Listing Details
- $640,000
- MLS# 6826530
- Type Commercial - Business
- Status Active
Listed By
Agency Name: MRG Realty Partners, LLC
Agency Phone: 651-900-4386
Shown By
Agent Name: Linda Schiefert
Agent Phone: (218) 790-1664
Agency Title: Town & Country Realty
Home Value Estimate
Description
3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit.A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases.The property is well located for easy access to I-35W, as well as for access to numerous additional...read more
Features
- Heating: Boiler
- Taxes: $2,310
- Water: City Water/Connected
- Year Built: 1920





