• Main Photo

3948 Oakland Avenue
Minneapolis, MN 55407

$640,000

1 Total Photos [Click to View All]

Listing Details

  • $640,000
  • MLS# 6826530
  • Type Commercial - Business
  • Status Active
  • 0.120 acres
    Lot Size
  • 1920
    Year Built
  • Minneapolis
    Local Schools

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

IDX logo

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

My Home Finder

Sign up for a HomeFinder account and save favorite listings, favorite property searches, and schedule daily email with new listings matching your specified criteria!

create an account now!

Have an account? Login: