$350,000

3836 Clinton Ave

Minneapolis MN, 55409

Description

Steps away from the new Seward Co-Op Grocery store. Great area with easy access to all that S Mpls has to offer. Projected rents offer a 11% cash on cash return with 20% down. 7% Cap rate. Access to Minnehaha Creek Pkwy and 35W nearby. Minutes to Downtown and the MSP Airport. Most of your capital expenses are already done with this duplex. New windows, new tear off roof, new kitchens, bathrooms and all new finishes throughout each unit. Stainless steel appliances, along with subway tile baths. 2 car garage with new garage door for additional rental income. Top unit would be perfect for owner occupant or generate higher rents, with 3 beds/1 bath. Lower unit lives as a 2 bed/1 bath. Shared laundry in the basement.

Details

MLS#5540729
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1915
Days On Site20

Features

SQ Feet1,830
Units2
Building(s)1

Market Activity 55409

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Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55409
AreaMinneapolis (MN)
Listing VS Median (in 55409)
Price:
$350,000
low | high
Med:
$315,000
60% of Average
SqFt:
1,830
low | high
Med:
2,268
26.065573770492% of Average
$ / SqFt:
$191
low | high
Med:
$139
77.380952380952% of Average
On Site:
20
low | high
Med:
22
90.909090909091% of Average
Listing Updated: 04/09/2020
MLS Number: 5540729
Listing Provided By:
Benjamin LaVelle  of  Roost Real Estate
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than this firm are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.

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