3433 Snelling Avenue
Minneapolis, MN 55406
3192 sqft | #6628970
Description
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. Don't miss out on this incredible opportunity!
Property Details
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- RoofAge 8 Years or Less
- Property SubtypeDuplex Up and Down
- Parcel Number0102824410052
- Property TypeMulti-Family
- SubdivisionPalmers Add
- School DistrictMinneapolis
- HeatingForced Air
- CountyHennepin
- MLS #6628970
- MLS #6628970
- Taxes Annual$4,388
- Cost469900
- Basement DescriptionBlock
- Square Feet3192
- Year Built1917
- Days on Market (Cumulative)120
- Parking Spaces1
- Basement1
Location
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Karla Gallardo (#NST502053672)
Listing Office: Keller Williams Realty Integrity (#NST40547)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.