About 3322 Stevens Avenue
Strong income potential in this duplex investment opportunity! Previously generating a combined $3,630/month in rental income, with the upper unit renting for $2,030/month and the main-level unit renting for $1,600/month. That represents $43,560 in potential gross annual rental income based on the previous rents. Both units offer the convenience of in-unit laundry, while an additional washer and dryer set in the unfinished basement provides even more flexibility for the property. A newer high-efficiency boiler adds to the property's appeal and efficiency. With two rentable units, separate laundry, a newer mechanical system, and a demonstrated rental history, this property offers an attractive opportunity for investors seeking strong income potential and long-term investment value.
Features of 3322 Stevens Avenue
| MLS® # | 7144656 |
|---|---|
| Price | $315,000 |
| Bedrooms | 5 |
| Bathrooms | 2.00 |
| Square Footage | 3,899 |
| Acres | 0.13 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Duplex Up and Down |
| Status | Active |
Community Information
| Address | 3322 Stevens Avenue |
|---|---|
| Area | 48 |
| Subdivision | Bakers 2nd Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55408 |
Amenities
| Parking | Detached Garage |
|---|---|
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Baseboard, Boiler, Hot Water |
|---|---|
| Fireplace | No |
Exterior
| Exterior Features | Stucco |
|---|
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 12 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | Yes |
Listing Details
| Office | RE/MAX Results |
|---|