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728 2nd AVE SE Minneapolis, MN 55414
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Key Details
Sold Price $732,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,898 sqft
Price per Sqft $187
Subdivision Mill Cos Add To St Anthony Falls
MLS Listing ID 6442443
Sold Date 12/13/23
Year Built 1900
Annual Tax Amount $8,270
Tax Year 2023
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 133x55
Property Description
Don't miss this charming triplex in a prime location! This is a standout investment opportunity with gross annual rents near $75,000, a solid rental history, and recently remodeled units that offer modern comforts and stylish finishes. Located just steps away from a vibrant dining scene, local breweries, parks, and all the excitement downtown has to offer, it's an ideal choice for both experienced investors and those looking to start their real estate portfolio. Additionally, this property presents an exciting future redevelopment opportunity, allowing you to explore creative development ideas and maximize your investment potential.
Location
State MN
County Hennepin
Rooms
Basement Storage Space, Unfinished
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features Assigned, Asphalt, Paved, Open
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Corner Lot
Story Two
Foundation 2001
Sewer City Sewer/Connected, City Sewer - In Street
Water City Water/Connected, City Water - In Street
Level or Stories Two
Structure Type Vinyl Siding
New Construction false
Schools
School District Minneapolis
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