405 E 31st Street

Active

Great investment deal! Three newly built townhomes in South Minneapolis, all units are rented out for a total monthly income of $8,600. Each unit boasts 3 bedroom, 3 bathroom, and a beautiful kitchen with granite countertops and stainless steel appliances. The primary bedroom features two walk-in closets with a convenient second level laundry room. A fully finished basement includes the third bedroom and full bathroom. 3 PID numbers, each townhome has own PID number.

© 2024 Regional Multiple Listing Service of Minnesota, Inc. All rights Reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Real Estate Corners, Inc are marked with the Broker Reciprocity logo. The property information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited. No part of this search utility may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise. Real Estate Corners, Inc is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Real Estate Corners, Inc, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information, including that related to open houses, deemed reliable, but not guaranteed. Listing courtesy of Real Estate Corners, Inc. Data last updated: Saturday, December 28th, 2024 at 10:31:29 AM.

Data services provided by IDX Broker
MLS Logo

View full listing details
Price:$$1,000,000
Address:405 E 31st Street
City:Minneapolis
County:Hennepin
State:Minnesota
Zip Code:55408
MLS:6616329
Year Built:2023
fuel:Natural Gas
roof:Flat
sewer:City Sewer/Connected
cooling:Central Air
heating:Forced Air
taxYear:2024
basement:Egress Window(s), Finished, Full
expenses:28747.0000
ownerPays:Insurance, Grounds Care, Repairs, Snow Removal, Taxes
utilities:Electric Separate, Heating Separate, Hot Water Separate
appliances:Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
currentUse:Residential
inclusions:Building,Land,Leases
postalCity:Minneapolis
tenantPays:All Utilities
contingency:None
grossIncome:103200
lenderOwned:No
lotFeatures:Public Transit (w/in 6 blks), Corner Lot, Sod Included in Price
officeBoard:MAAR
parkingOpen:1
waterSource:City Water/Connected
garageSpaces:2
lotSizeUnits:Acres
neighborhood:Central
ageOfProperty:1
foundationArea:2220
numberOfRanges:Three
parkingFeatures:Detached, Open
rentalLicenseYN:yes
taxAnnualAmount:18187
insuranceExpense:3360
roadFrontageType:City Street
assessmentPending:No
foreclosureStatus:No
lotSizeDimensions:90x52
rentalLicenseType:Standard
zoningDescription:Residential-Multi-Family
highSchoolDistrict:Minneapolis
netOperatingIncome:74453
numberOfUnitsTotal:3
potentialShortSale:No
taxWithAssessments:18187.0000
schoolDistrictPhone:612-668-0000
allowedUseCaseGroups:IDX
schoolDistrictNumber:1
accessibilityFeatures:None
constructionMaterials:Vinyl Siding
fractionalOwnershipYN:No
numberOfRefrigerators:Three
Please sign up for a Listing Manager account below to inquire about this listing