5115 Chicago Avenue
Minneapolis, MN 55417
3271 sqft | #6694187
Description
Discover this triplex, perched on a hill and designed in timeless mid-century modern style. Featuring an expansive and versatile layout, this property presents a rare opportunity for investors or owner-occupants seeking substantial income potential combined with aesthetic charm.
Property Highlights:
•Upper-Level Units (5115 & 5117): Two identical floor plan 2-bedroom units, offering comfortable and practical layouts. Skylights in kitchen. Differences between the units are the finishes. One unit has quartz counter tops; stainless steel appliances and updated cabinets. The other unit has mid-century modern cabinets and formica counter tops. Both have carpet and manufactured flooring.
•Ground-Level Walkout Unit (5119): A fully updated 3 bedrooms, 2 bathrooms, with a modern kitchen including quartz countertops, stainless appliances, and a walkout family room with abundant natural light. This unit is currently rented on a month-to-month agreement, requiring 24-hour notice for showings.
•Lot Size: The property sits on an extra-large lot across the street from a park and Minnehaha Creek, providing space and privacy that enhances its appeal. Fenced yard and patio above garage for outdoor enjoyment.
Additional Features:
•No Below-Ground Units: All units are above ground, ensuring bright interiors and easy accessibility.
•Updates: See supplements for detailed information on major updates, ensuring peace of mind for buyers.
With its prime location, unique architecture, 3 car garage, this triplex is a must-see for anyone seeking a well-rounded investment property. Schedule your showing today and explore the potential this gem has to offer!
Property Details
- Basement DescriptionEgress Window(s), Finished, Full, Walkout
- Lot FeaturesPublic Transit (w/in 6 blks), Many Trees
- Lot DescriptionPublic Transit (w/in 6 blks), Many Trees
- SubdivisionChicago Ave Highlands
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- HeatingBaseboard, Boiler
- Parcel Number1402824310057
- Property TypeMulti-Family
- School DistrictMinneapolis
- Parking FeaturesDetached
- CountyHennepin
- RoofPitched
- Taxes Annual$10,489
- MLS #6694187
- Property SubtypeTriplex
- MLS #6694187
- Cost749900
- Square Feet3271
- Year Built1957
- Parking Spaces3
- Basement1
- Basement Finished1
- Days on Market (Cumulative)8
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Judith Shields (#NST502016428)
Listing Office: Coldwell Banker Realty (#NST5116)
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