3433 Snelling Avenue Minneapolis, MN 55406

$477,999
Active
estimated monthly payment
4 Beds  |  2 Baths  |  2,392 Sq Ft  |  Two Unit  |  MLS # 6594120
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About The Listing

Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in
1917. Each of the two units—one above and one below—boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to
the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements. The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends
and family. Seller installed 3k top of the line vivint security system that's paid off and staying with the home. Don’t miss out on this incredible opportunity!


Listing courtesy of Karla Zarahemla Gallardo, Keller Williams Realty Integrity
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1917
MLS #: 6594120
Bedrooms: 4
Square Feet: 2,392
Bathrooms (Full): 2
Price Per Square Foot: $200
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 0
Garage Spaces: 1
Parking Description: Detached
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air, Window Unit(s)
Water: City Water/Connected
Heat Type: Forced Air
Basement: Block
Construction Description: Stucco
Days On Market (Continuous): 14
Disability Features: None
Latest Update: 09/12/2024
List Date: 08/29/2024
Listing Agent ID: 502053672
Listing Office: Keller Williams Realty Integrity
Listing Office ID: 40547
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Number of Fireplaces: 0
Lot Dimensions: 6098
Lot Size: 0.05 Square Feet
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $4,388
Contingency Type: None
City: Minneapolis
Zip: 55406
County: Hennepin
Subdivision: Palmers Add
State: MN

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Listing last updated: 09/12/24

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