$335,000
$332,500
0.8%For more information regarding the value of a property, please contact us for a free consultation.
2,671 SqFt
SOLD DATE : 07/30/2025
Key Details
Sold Price $335,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,671 sqft
Price per Sqft $125
Subdivision Silver Lake Add
MLS Listing ID 6705622
Sold Date 07/30/25
Year Built 1905
Annual Tax Amount $4,604
Tax Year 2024
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 45 x 127
Property Sub-Type Triplex
Property Description
This well-cared-for true Triplex has been owned by the same owner for over 40 years. It is always rented, easy to manage, has a new roof, and pex water lines in the last 3 years. All 3 units have original charm, including spacious layouts, hardwood floors, and dining rooms. Each unit has recently been renovated. Unit one is outstanding with inlaid wood details in the floor and a decorative archway to the dining room. The basement laundry is convenient for tenants, and all gas and electric are separated between each unit. Unit 2 is not rented for now allowing an owner-occupancy opportunity. Could rent out a detached garage in the future separately for more income. 1% rule from rents makes this triplex a good investment.
Location
State MN
County Hennepin
Rooms
Basement Block, Unfinished
Interior
Heating Forced Air, Other
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Age 8 Years or Less
Building
Story More Than 2 Stories
Foundation 1000
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Other
New Construction false
Schools
School District Minneapolis
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