Property Listing
Description
This beautifully updated multi-family property has been completely renovated from top to bottom, offering a rare combination of modern finishes, efficient systems, and low ongoing operating costs. Every unit has been thoughtfully redesigned to meet today’s tenant and owner-occupant expectations, making this an outstanding long-term investment. Each unit features brand-new kitchens with modern cabinetry, countertops, and appliances, along with fully renovated bathrooms finished with clean, contemporary materials. In-unit laundry has been added to every residence, a highly desirable amenity that increases rental appeal and reduces tenant turnover. Unlike many older multi-family properties, this building offers: *** separate forced-air furnaces and central air conditioning systems for each unit, allowing individual climate control and simplifying maintenance. ***Tenants are billed directly for their own gas and electric, significantly reducing owner expenses and providing predictable, efficient operations. With updated systems throughout, a new owner will benefit from low utility costs, minimal deferred maintenance, and reduced repair risk, creating a true plug-and-play investment. Whether you are a seasoned investor looking to add a stabilized asset to your portfolio or an owner-occupant seeking to offset your housing costs with rental income, this property checks all the boxes. The combination of a full renovation, modern amenities, separate utilities, and strong rental demand makes this a rare opportunity in today’s market. Turn-key, low-maintenance, and built for cash flow, this is the kind of asset that performs well both now and long term. Add this exceptional property to your portfolio today. Great DSCR Loan Option.
Property Information
Status: Active
Sub Type: ********
List Price: $990,000
MLS#: 7046526
Current Price: $990,000
Address: 3528 Bloomington Avenue, Minneapolis, MN 55407
City: Minneapolis
State: MN
Postal Code: 55407
Geo Lat: 44.938449
Geo Lon: -93.252821
Subdivision: Bloomington Ave Add
County: Hennepin
Property Description
Year Built: 1919
Lot Size SqFt: 6098.4
Gen Tax: 13782
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
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Below Grade Unfinished Area:
Total SqFt.: ********
Style: ********
Total Bedrooms: 9
Total Bathrooms: 6
Total Full Baths: ********
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
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Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: Building, Leases
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Heat System:
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