3528 Bloomington Avenue , Minneapolis, MN 55407

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Listed By

Agency Name: BuyRentSell.com, LLC
Agency Phone: 612-345-8991

Shown By

Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty

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Property Description

This beautifully updated multi-family property has been completely renovated from top to bottom, offering a rare combination of modern finishes, efficient systems, and low ongoing operating costs. Every unit has been thoughtfully redesigned to meet today's tenant and owner-occupant expectations, making this an outstanding long-term investment.Each unit features brand-new kitchens with modern cabinetry, countertops, and appliances, along with fully renovated bathrooms finished with clean, contemporary materials. In-unit laundry has been added to every residence, a highly desirable amenity that increases rental appeal and reduces tenant turnover.Unlike many older multi-family properties, this building offers separate forced-air furnaces and central air conditioning systems for each unit, allowing individual climate control and simplifying maintenance. Tenants are responsible for their own gas and electric, significantly reducing owner expenses and providing predictable, efficient operations.With updated systems throughout, a new owner will benefit from low utility costs, minimal deferred maintenance, and reduced repair risk, creating a true plug-and-play investment. Whether you are a seasoned investor looking to add a stabilized asset to your portfolio or an owner-occupant seeking to offset your housing costs with rental income, this property checks all the boxes.The combination of a full renovation, modern amenities, separate utilities, and strong rental demand makes this a rare opportunity in today's market. Turn-key, low-maintenance, and built for cash flow, this is the kind of asset that performs well both now and long term.Add this exceptional property to your portfolio today. Great DSCR Loan Option.

3528 Bloomington Avenue | MLS# 7016299

This commercial property located at 3528 Bloomington Avenue , Minneapolis, MN 55407 is currently listed for sale with an asking price of $1,100,000. Bloomington Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.

Property Features

Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Garage: 2
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Age Over 8 Years, Rubber
Stories: 2.0
Taxes: $13,782
Year Built: 1919

Feature Descriptions

Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Basement: Egress Window(s), Finished, Full, Storage/Locker
Current Use: Residential
Days on Site: 27
Foundation Size: 5000
Lot: Tree Coverage - Light
Lot Dimensions: 123x50
Owners Expense: Grounds Care, Repairs, Management, Sewer, Snow Removal, Taxes, Trash Collection, Water
Parcel#: 0202824420129
Parking: Detached Garage, Concrete
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Heat, Hot Water, Telephone
Units: 6
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected

Local Schools

School District: Minneapolis

Near By

Demographics

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