3736 Bloomington Ave Minneapolis, MN 55407

Listing details for 3736 Bloomington Ave, Minneapolis, MN 55407 : Opportunity to acquire a well maintained and strong cash-flowing 4-plex, only minutes from Downtown Minneapolis. Each unit is one bedroom/one bath and has been well maintained by same owner for the past 40+ years. Newer roof, furnaces & water heaters, plus many updates. Hardwood floors under the carpet in each unit. Bus line, small businesses and restaurants within walking distance, and off- street parking is available. Basement has full bath and opportunity for management office or community room. Each unit pays for their own electric and gas usage and has their own water heater and furnace. Other income sources include storage units in basement and laundry revenue, plus two single car garages. Three units are currently vacant and available for rent at market rate. Fourth unit is currently occupied by owner and may need to rent back month-to-month for short term; approximately 60-days after close. This is a great time for a new owner to pick their new tenants or occupy a unit!