Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agent Name: Jerry Ritten
Agent Phone: (763) 557-6300
Agency Title: Counselor Realty
Property Description
Spectacular six unit recently renovated with all new kitchens and bathrooms. Unit mix is five one-bedroom and one studio apartment all with one full bathroom. Three story all-brick exterior, sitting on 0.13+ acres with off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. The average one-bedroom rents are $1,296 and the studio is at $1,195. This asset is in turn-key condition with a stabilized in place cap rate of 8.63% along with a 7.94 gross rent multiplier. Perfect for the first time investor or for your next 1031 tax exchange.
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3606 E 34th Street, Minneapolis, MN 55406
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3606 E 34th Street, Minneapolis, MN 55406
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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3606 E 34th Street | MLS# 7068138
This commercial property located at 3606 E 34th Street, Minneapolis, MN 55406 is currently listed for sale with an asking price of $750,000. E 34th Street is located within the Minneapolis school district. Search Minneapolis real estate on jritten.counselorrealty.com today.