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2050 W Broadway Avenue, Minneapolis, MN 55411
$499,900
SQUARE FEET 3,259
MLS# 7073087
STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Forest Heights
SCHOOL: Minneapolis
Property Description
Fully renovated (in 2021) Triplex in the heart of Broadway & Penn. Located in the vibrant Broadway & Penn corridor, this rebuilt triplex (Interior)) offers a rare opportunity to own a turnkey investment property surrounded by ongoing neighborhood revitalization and new development. This property has been fully gutted and rebuilt from the ground up (Interior). Major improvements include all new electrical, plumbing, ductwork, HVAC systems, water heaters, framing, insulation, drywall, leveled floors, windows, kitchens, bathrooms, finish carpentry, doors, and central air conditioning. Each unit features: Private front and rear entrances, separate utilities, individual HVAC systems for independent comfort and efficiency. The building includes three furnaces, three water heaters, and three central air units, making management simple and utility separation clean for owner-occupants or investors.Additional amenities include a shared basement with: Common laundry area and dedicated storage space for tenants. Whether you're looking to house hack, expand your portfolio, or secure a fully renovated (Interior 2021) income property in an improving area, this triplex delivers modern systems, low maintenance, and strong long-term potential. Home is fully occupied and total rents are $5,239 per month.
Property Features
Property Type: Multi Unit - Multiple Basement: Unfinished Basement: Yes Heating: Forced Air Lot Size: 0.13 Acres Roof Type: Age Over 8 Years Taxes: $10,323 Year Built: 1904
Feature Descriptions
Days on Site: 22
Foundation Size: 1242
Lot: Tree Coverage - Light
Lot Dimensions: 45x125x45x125
Parcel#: 1602924220171
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: All Utilities
Units: 3
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: LPT Realty, LLC
Agency Phone: 877-366-2213
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Estimated Payment
$ 3,666.73 per month
$2,660.68 Principal & Interest
$860.25 Property Tax
$145.80 Homeowner's Insurance
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2050 W Broadway Avenue | MLS# 7073087
This multi-family property located at 2050 W Broadway Avenue, Minneapolis, MN 55411 is currently listed for sale with an asking price of $499,900. W Broadway Avenue is located within the Minneapolis school district. Search Minneapolis real estate on scarlson.counselorrealty.com today.