3433 Snelling Avenue, Minneapolis, MN 55406
- $479,000
- 4
- BD
- 2
- BA
- 2,392
- SqFt
- List Price
- $479,000
- Days on Market
- 12
- MLS#
- 6594120
- Status
- ACTIVE
- Type
- Single Family Residential
- Style
- (CC) Two Unit
- Bedrooms
- 4
- Bathrooms
- 2
- Living Area
- 2,392
- Lot Size
- 2,392
- Acres
- 0.05
- Subdivision
- Palmers Add
- Neighborhood
- Howe
- Year Built
- 1917
Property Description
Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in 1917. Each of the two units—one above and one below—boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements. The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it perfect for families, couples or individuals who want to step into the world of real estate investing. Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Seller installed 3k top of the line vivint security system that's paid off and staying with the home. Don’t miss out on this incredible opportunity!
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Additional Information
- School District
- Minneapolis
- Appliances
- Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Tax Amount
- $4,388
- Tax Year
- 2024
- Restrictions
- None
- Fuel
- Natural Gas
- Sewer
- City Sewer/Connected
- Common Wall
- Yes
- Air Conditioning
- Central Air, Window Unit(s)
- Heating
- Forced Air
- Water
- City Water/Connected
- Handicap Accessible
- None
- Basement
- Block
- Parking
- Detached
- Garage Spaces
- 1
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Listing courtesy of Keller Williams Realty Integrity.
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