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Key Details
Sold Price $450,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,115 sqft
Price per Sqft $212
Subdivision Remingtons 2Nd Add
MLS Listing ID 6446482
Sold Date 12/14/23
Year Built 1909
Annual Tax Amount $3,941
Tax Year 2023
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40 X 129
Property Description
Discover 3340 Colfax Ave S, where historic charm meets modern convenience. This converted duplex, upgraded in September 2023, presents a golden investment opportunity. Recent enhancements encompass a new roof, electrical, plumbing, and luxurious interiors in both units, ensuring immediate occupancy & rental income.
The main-floor apartment boasts a fully revamped kitchen, bathroom, and energy-efficient LED lighting. Meanwhile, the garden-level apartment dazzles with a fresh kitchen, remodeled bathroom, and in-unit laundry. Privacy and serenity are guaranteed with a new staircase and sound/fire barrier between units.
Embrace versatility, whether you prefer owner occupancy with rental income or leasing both units for a savvy investment. With parking for 2-3 cars and a coveted Uptown location, this property is a rare treasure. Seize the chance to own this income-generating gem in Minneapolis' most sought-after neighborhoods!
Some photos virtually altered. All measurements approximate.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Finished
Interior
Heating Boiler
Fireplace No
Exterior
Garage Carport, Guest Parking, Parking Lot
Roof Type Age 8 Years or Less,Architecural Shingle
Building
Lot Description Tree Coverage - Light
Story One and One Half
Foundation 1015
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories One and One Half
Structure Type Block,Vinyl Siding
New Construction false
Schools
School District Minneapolis
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