Address
320 W 33rd Street Minneapolis, MN
Price
$ 379,500
Property Attributes
  • ML#5690109
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • NeighborhoodLyndale
  • Zip55408
  • StyleMixed Use
  • Year Built1910
  • Taxes5011
  • Price$ 379,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2826
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Verde Real Estate Group
Property Description

Pride in ownership on this one - very well cared for & extensively updated Mixed-use - 3 units total - 2 residential units both 1/1, 726ft2 - rented $800/m2m & 1100ft2 - just fully renovated, vacant. Market rent $1400-1600. Both units have electric heat. Upper unit has additional mini-split a/c & heat. Commercial/retail unit 1000ft2 - currently convenient store rented $800/m2m; well below market rent. Updates to whole property include new plumbing, all new electrical/panels. Total exterior just resided with vinyl, new roof/soffit/fascia, new windows throughout, 2 car garage with new door & siding. Upper unit - total remodel just completed. Great location, solid income producing property w/ split utilities including water - very rare - just needs 2 water meters to complete 3-way split of water; will cost about $1k. This property has been extensively updated with high end materials & permits pulled - fantastic value to this area; 8%+ cap rate!

Price History
12/1/2020 Listed $379,500

General Features

Contingency None
High School District Minneapolis
Property SubType Mixed Use
Property Type Commercial Sale
Roof Asphalt, Rubber, Flat
Standard Status Active

Interior Features

Basement Unfinished, Single Tenant Access

Exterior Features

Lot Dimensions 42x87
Lot Size Area 0.08
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55408

Price
AVG $1.86M
$380K
Taxes
AVG $16,623
$5,011
Visits
AVG 84
29
Year Built
AVG 1930
1910
Walkscore
AVG 91
80
Data Provided by Walkscore ® not using MLS data

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