Address
3625 Glendale Terrace, Minneapolis, MN
Price
$ 649,900
Property Attributes
  • ID#6401680
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaWaveland Park
  • NeighborhoodWaveland Park
  • Zip55410
  • StyleTriplex
  • Year Built1960
  • Taxes$ 8884
  • Price$ 649,900
  • Bedrooms4
  • Full Bathrooms3
  • Half Bathrooms1
  • Sqr Footage2436
  • Lot Size6,098 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description

Come see this extremely rare Linden Hills triplex! This is the first triplex on the market in this sought after neighborhood since 2015. Excellent opportunity for an investor or an owner-occupant. Additionally, this lot has the potential to be developed into a full apartment building, as it is ZONED R5. You or your tenants will love being close to the lakes and parks, plus the charming coffee shops, restaurants and boutiques of Linden Hills. This property has a 2 bed/2 bath unit (rent: $1550) with vaulted ceilings, a fireplace, and new stainless steel appliances, a 1 bed/1 bath unit (rent: $1095) with a fireplace, vaulted ceilings and a walk-in closet. The final unit is a spacious 1 bed/1 bath unit (rent: $1095) with an attached garage stall. All units have separate washer/dryers. Rents are below market. Showings will be Tuesdays 4-6pm and Saturdays 11-2pm.

Price History
7/13/2023 Listed $725,000
7/31/2023 7% - $675,000
4/4/2024 4% - $649,900

General Features

Sewer City Sewer/Connected
Heating Forced Air
Garage Spaces 2
Construction Materials Aluminum Siding
Year Built 1960
Levels One and One Half
Property SubType Triplex
Tax Year 2022
Gross Income 44880
Accessibility None
County Hennepin
Operating Expense 3000
Insurance Expense 5000
New Construction No
Property Type Residential Income
Contingency None
Subdivision Name Waveland Park
Directions France Ave,East on 44th to Chowen,North on Chowen to Glendale (on corner)
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Total Units 3
Street Name Glendale
Land Lease Y/N No
Tax Annual Amount 8884
Trash Expense 1500
Water Sewer Expense 1500
Additional Parcels Y/N No
Days on Market 108
Standard Status Pending
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement Crawl Space
Basement (Y/N) No
Above Grade Finished Area 2436
Street Suffix Terrace
Fuel Natural Gas
Garage Square Feet 572

Exterior Features

Parking Features Attached Garage,Detached,Multiple Garages
Water Source City Water/Connected
Lot Size Area 0.14
Lot Dimensions 40x180
Lot Size Units Acres
Foundation Area 1688

Amenities

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

Property vs Pending Average in 55410

Price
AVG $850K
$650K
Taxes
AVG $8,919
$8,884
Visits
AVG 123
76
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1960

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