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Key Details
Sold Price $790,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Bakers Add
MLS Listing ID 6516889
Sold Date 05/29/24
Year Built 1926
Annual Tax Amount $14,796
Tax Year 2023
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45x129
Property Description
Welcome to 3531 Harriet Avenue! This charming 5-plex multi-family property is in excellent condition for discerning investors. Recently upgraded with a new roof, boiler, and an efficient on-demand water heater in the last 6 years. The property features four 2-bedroom, 1-bathroom units; plus one 3-bedroom, 1-bath unit in the basement. 4 off-street parking spaces. Building is wired for fiber optic and cable - tenants pay own internet, cable, and electric. Coin-op laundry. All units are ready to rent as-is, with solid potential for future enhancements and equity. Located in the popular Lyndale neighborhood close to Bde Mka Ska, Lake Harriet, transit, shops and restaurants, this property presents an optimal investment opportunity.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Daylight/Lookout Windows, Finished, Full, Partially Finished, Shared Access, Storage/Locker
Interior
Heating Hot Water
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Roof Type Age 8 Years or Less,Flat,Other
Present Use Residential
Building
Lot Description Tree Coverage - Medium
Story Two
Foundation 2264
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Minneapolis
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