![RE/MAX Advantage Plus Logo](https://dtzulyujzhqiu.cloudfront.net/therealestateadvantage274/profiles/1528473724.png)
Property Attributes
- ID#6545148
- TypeMulti-Family
- CountyHENNEPIN
- CityMinneapolis
- AreaThorpe Bros William Penn Add
- NeighborhoodThorpe Bros William Penn Add
- Zip55412
- StyleQuadruplex
- Year Built1928
- Taxes$ 5400
- Price$ 559,000
- Bedrooms6
- Full Bathrooms4
- Half Bathrooms0
- Sqr Footage2913
- Lot Size0.12 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
Welcome to 3921 Thomas! Just blocks from the beautiful Victory & Theodore Wirth Parkway, this rare 4plex was completely remodeled in 2020. It is being offered fully furnished so that the new owner can walk right into a profitable Mid-Term rental business. The current owners are advocates for real estate stewardship and will be happy to consult the next buyer on managing the mid-term rentals. In the 4plex you will find original charm and character combined with intentional design. A classic 4 by 4 layout with shared stairwells ensure the units privacy and enjoyment. To top it all off this 4plex boasts 3 garage stalls perfect for tenant or guest parking. Live in one unit and rent the other units to cover all your living expenses or lease up the building for immediate cashflow. Be sure to check out this wonderful 4plex today! See Matterport walkthrough Unit 1&2 (lower): 1bed/1bath Unit 2&3 (upper): 2bed/1bath
Price History | |
---|---|
5/30/2024 | Listed $669,000 |
6/7/2024 | 8% - $619,000 |
6/10/2024 | 7% - $579,000 |
6/18/2024 | 4% - $559,000 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Hot Water |
Garage Spaces | 3 |
Construction Materials | Vinyl Siding |
Year Built | 1928 |
Electric | 150 Amp Service,200+ Amp Service |
Levels | Two |
Property SubType | Quadruplex |
Tax Year | 2023 |
Gross Income | 61344 |
Accessibility | None |
County | Hennepin |
New Construction | No |
Property Type | Residential Income |
Contingency | None |
Subdivision Name | Thorpe Bros William Penn Add |
Directions | Located on Thomas |
City | Minneapolis |
Buyer Agent Compensation | 2.70 |
High School District | Minneapolis |
NumberOfUnitsTotal | 4 |
Lot Size Units | Acres |
Land Lease Y/N | No |
Tax Annual Amount | 5400 |
Additional Parcels Y/N | No |
Virtual Tour | https://my.matterport.com/show/?m=NFp9KBCGtSf&mls=1 |
Days on Market | 19 |
Standard Status | Active |
Lender Owned | No |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement | Unfinished |
---|---|
Basement (Y/N) | Yes |
Above Grade Finished Area | 2913 |
Fuel | Natural Gas |
Exterior Features
Water Source | City Water/Connected |
---|---|
Lot Size Area | 0.12 |
Lot Dimensions | 126x40 |
Foundation Area | 1456 |
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