3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo
3606 E 34th Street, Minneapolis, MN 55406 Photo

15 Total Photos [Click to View All]

$750,000
Status: Active
3606 E 34th Street Minneapolis, MN 55406
  • Bedrooms
  • Total Baths
  • Square Feet
  • 0.13
    Acres
  • 1963
    Year Built
  • HOA

Property Description

Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.

Raymond Reading, Broker

(218) 790-1468

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Property Features

MLS Number: 7068138
Days on Market: 2
Subdivision: Auditors Sub 237
County: Hennepin
Bedrooms: 0
Total Square Feet: 0
New Constuction: No
Construction: Block,Brick
Waterfront: No
Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Boiler, Hot Water, Zoned
Lot Size: 0.13 Acres
Road Frontage: City Street, Paved Streets
Roof Type: Age Over 8 Years, Flat
Stories: 3.0
Taxes: $10,988
Year Built: 1963

Feature Descriptions

Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances
Basement: Block, Egress Window(s), Finished, Full
Current Use: Residential
Days on Site: 2
Exterior: Block, Brick
Foundation Size: 1750
Lot Dimensions: 74 x 75
Owners Expense: Heat, Insurance, Repairs, Sewer, Taxes, Trash Collection, Water
Parcel#: 0602823240229
Parking: Paved Lot
Sale Includes: Building, Land, Leases, Rental License
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity
Units: 6
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Location

Listed By / Shown By

Listed By

Broker Name: Apartment Cash Flow, Inc.
Broker Phone: 651-263-3653

Shown By

Agent Name: Raymond Reading, Broker
Agent Phone: (218) 790-1468
Broker Title: Lakes Partners

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