3001 N 3rd Street, Minneapolis, MN 55411
- 7,392 sqft
Rental
Built in 1963
9,148sqft lot
—— car garage
$132/sqft
Listed 20 days ago
Property Description
Turn-key 8-unit apartment building offering a cash-flowing investment at affordable rent levels. The property includes six 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units. Units have been recently renovated, including new kitchens, countertops, flooring, and fixtures. Rents are set below 50% of the area median income (AMI), and the building is enrolled in the Minneapolis 4d Affordable Housing Program, providing approximately 40% in annual property tax savings. Additional improvements include upgraded mechanical systems, commercial-grade security and access controls, and a newly paved parking lot with off-street parking and on-site laundry. The building is fully stabilized; however, Unit #3 has been intentionally left vacant to accommodate showings.
- Listing Status:
- Active
- Listing Office:
- LPT Realty, LLC : 877-366-2213
- MLS ID:
- 6739152

- Appliances: RangeRefrigerator
- A/C: Wall Unit(s)
- Heating: Boiler
This listing courtesy of LPT Realty, LLC
Location
Schools Nearby
Cityview Community School
3350 N 4th St, Minneapolis, MN, 55412
Grades PK-5
0.36 miles away
Minneapolis on Line Learning
1250 W Broadway Ave, Minneapolis, MN, 55411
Grades 7-12
1.01 miles away
Menlo Park Academy
1700 2nd St NE, Minneapolis, MN, 55413
Grades 9-12
0.90 miles away