• Price$889,000
  • Parking2
  • Square Feet3,474
  • Built1960
  • Taxes$10,472
  • Est Monthly Payment $3,872
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3640 Aldrich Avenue S, Minneapolis

Rare opportunity to buy this fourplex in Uptown blocks from Lake Bde Make Ska and Lake Harriet! All units will be leased by May 1st and have the same layout with 2 beds, 1 bath, Kitchen, & LR. Each has its own meter and tenants pay for electric. They all have a front and back entrance, updated appliances, some updated flooring, and new paint. Rents are $1300-$1500 depending on the unit, which are below market (rents can go up to $1800). Rare detached newer garage with a 3rd parking spot out back. Additionally, there's so much potential in the full unfinished basement to build instant equity; think space for an owner occupant, 5th unit, additional finished space to rent to existing tenants, it's limitless and ready to be finished. Coin-op laundry, utilities, and additional storage is also in the basement, which is accessed by the back entrance/staircase.

Essential Information

  • MLS® #6181240
  • Price$889,000
  • Bathrooms0.00
  • Square Footage3,474
  • Year Built1960
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleQuadruplex
  • StatusActive
  • Taxes$10,472

Amenities

  • AmenitiesCoin-op Laundry Owned
  • # of Garages2
  • GaragesDetached, More Parking Onsite for Fee, Storage

Exterior

  • RoofAge Over 8 Years, Asphalt
  • ConstructionStucco

Additional Information

  • Days on Market111
  • ZoningResidential-Multi-Family

Community Information

  • Address3640 Aldrich Avenue S
  • AreaEast Harriet
  • SubdivisionRemingtons 2nd Add
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55409

Interior

  • HeatingBaseboard, Hot Water

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeRealty Group LLC

MLS #6181240 is a 3474 Sq. Ft. Residential Income listing, located at 3640 Aldrich Avenue S in Minneapolis, MN.

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