3606 E 34th St

Minneapolis, MN 55406

  • $750,000

    Price

  • 5,500

    SqFt

  • 0.13

    Acre

Listing Provided Courtesy of Nathan P. Opatz 651-263-3653 - Apartment Cash Flow, Inc. 651-263-3653

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About the Listing 27376 - 506069385

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.

Listing Highlights

Status Pending
Days on Site 141
Property Type Commercial Sale
MLS ® 7068138
Year Built 1963
Total Square Footage 5,500
Lot/Acreage 0.13
County Hennepin
Neighborhood Auditors Sub 237
School District Minneapolis

Interior Details

  • Appliances: Dishwasher, Range, Refrigerator, Stainless Steel Appliances
  • Air Cond: Wall Unit(s)
  • Heating: Boiler,Hot Water,Zoned,Natural Gas
  • Fireplaces:
  • Floor:
  • Basement: Block,Egress Window(s),Finished,Full
  • Other:
  • Water: City Water/Connected

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 74 x 75
  • Zoning: Residential-Multi-Family
  • Roof: Age Over 8 Years,Flat
  • Others:
  • Sewer: City Sewer/Connected
  • Parking Features: Paved Lot

Financial Details

  • Tax Amount: $10,988
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0602823240229
  • Tax Year: 2026

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3606 E 34th St Minneapolis, MN 55406

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Listing Courtesy of Nathan P. Opatz 651-263-3653 - Apartment Cash Flow, Inc. 651-263-3653

Originating MLS: northstar

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3606 E 34th St

Minneapolis, MN 55406

$750,000

0 Bed | 0 Bath | 5,500 SqFt

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3606 E 34th St

Minneapolis, MN 55406

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3606 E 34th St

Minneapolis, MN 55406

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Brad Bemowski

Realtor and Licensed Real Estate Broker | Brad Bemowski | Homcentric Real Estate, powered by Property Executives Realty

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