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3340 Colfax Avenue S, Minneapolis, MN 55408

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Listed By

Agency Name: Coldwell Banker Realty - Lakes
Agency Phone: 612-920-5605

Shown By

Agency Title: Counselor Realty
Agency Phone:

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Property Description

Welcome to 3340 Colfax Ave S, where historic charm blends seamlessly with modern convenience. Thoughtfully converted and extensively updated in 2023, this stunning duplex offers a rare investment opportunity in one of Minneapolis' most sought after neighborhoods.The main-floor apartment features an inviting open floor plan with three bedrooms and one bathroom, highlighted by a beautiful fireplace, a fully renovated kitchen and bath, energy efficient LED lighting, and convenient in-unit laundry.The garden level apartment offers its own open-concept layout with two bedrooms and one bathroom, complete with a stylish new kitchen, remodeled bath, and private in-unit laundry. The lower level unit is also a registered Airbnb generating approximately $26K in annual revenue, creating excellent income potential.Whether you choose owner occupancy with supplemental rental income or lease both units for maximum returns, this property offers exceptional flexibility and value. With off street parking for 2?3 cars,Adding to the appeal are the unbeatable walkability and lifestyle amenities just steps from Lake Bde Maka Ska, shopping, dining, grocery stores, and everything Uptown has to offer. this income-producing gem is truly one of a kind.A must-see opportunity, priced to sell. Don't miss your chance to own this exceptional property in one of Minneapolis' premier locations.A must see opportunity, priced to sell. Don't miss your chance to own this exceptional property in one of Minneapolis' premier locations.

3340 Colfax Avenue S | MLS# 7071251

This multi-family property located at 3340 Colfax Avenue S, Minneapolis, MN 55408 is currently listed for sale with an asking price of $539,900. Colfax Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Heating: Baseboard
Lot Size: 0.12 Acres
Roof Type: Age 8 Years or Less
Taxes: $7,046
Year Built: 1909

Feature Descriptions

Days on Site: 2
Foundation Size: 1015
Lot Dimensions: 40 X 129
Parcel#: 0402824140173
Parking: Paved Lot
Road Frontage: City Street
Sewer: City Sewer - In Street
Units: 2
Water: City Water - In Street

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,618.21 per month $2,873.57 Principal & Interest $587.17 Property Tax $157.47 Homeowner's Insurance

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