3322 Chicago Avenue
Minneapolis, MN 55407
MLS #4861064

Commercial
  • 0.144acres
$800,000
Est. P&I payment: $3055.46/mo
3322 Chicago Avenue, Minneapolis, MN 55407
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Description for 3322 Chicago Avenue, Minneapolis, MN 55407
Solid, well-performing 5 unit in popular Powderhorn neighborhood. All 3 bedroom units and the lower level is a 3 bed 2 bath. Large square footage, off street parking, in-unit laundry hookups in units 1-4. Beautiful woodwork, built-ins and original finishes. 9 foot ceilings.
MLS #4861064
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My Notes for MLS #4861064

General Features

  • Acres: 0.144
  • Current Use: Residential
  • Foreclosure Status: No
  • Year Built: 1910
  • Sale Includes: Building,​Leases
  • Total Number of Units: 5
  • Status: Active

Exterior Features

  • Exterior: Stucco
  • Parking Characteristics: Uncovered/Open
  • Road Frontage: City,​Paved Streets,​Curbs,​Sidewalks
  • Lot Description: Irregular Lot,​City Bus (w/in 6 blks)
  • Lot Dimensions: 51x122

Interior Features

  • Building Finished Square: 5,420
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable),​Partial Finished,​Egress Windows
  • Roof: Flat,​Rubber
  • Number of 3 Bedroom Unit: 5
  • Number of Units 3: 5
  • Shared Rooms: Other

Utilities Features

  • Appliances: Range,​Dishwasher,​Refrigerator
  • Air Conditioning: Window
  • Heating: Hot Water
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Number of Ranges: One Per Unit
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Gross Expense: 21,000
  • Miscellaneous Annual Income: 3,000
  • Miscellaneous Monthly Income: 250
  • Total Annual Income: 84,000
  • Unit 3 Monthly Rent: 1,350
  • Annual Rent 3: 81,000
  • Total Monthly Income: 6,750
  • Tax Amount: 6,149
  • Tax With Assessments: 6,149
  • Tax Year: 2017
  • Annual Gross Income: 84,000

Community Features

  • County: Hennepin
  • Municipality: Minneapolis
  • Postal City: Minneapolis (MN)
  • Neighborhood: Central

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Amenities - Shared: Patio,​Security Building
  • Amenities - Unit: Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Washer/Dryer Hookup,​Security System
  • Foundation Size: 1,100
  • Zoning: Residential-Multi-Family
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 3322 Chicago Avenue, Minneapolis, MN 55407
Lake to Chicago, South to building.
The listing information for 3322 Chicago Avenue, Minneapolis, MN 55407 was graciously provided by our friends at the listing brokerage, Keller Williams Integrity Realty

Get Financing for 3322 Chicago Avenue, Minneapolis, MN 55407

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $3055.46
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Last Updated 11/20/2017 at 10:18pm
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