3948 Oakland Avenue South - Minneapolis
Multifamily | 6.92% CAP | 5 Units
Marketing description
3948 Oakland Avenue is a 5-unit multifamily investment opportunity located in the Bryant neighborhood of South Minneapolis. The property is comprised of three two-bedroom units, one three-bedroom unit, & one four-bedroom unit.
A new boiler was installed in 2019, and the building has 100-amp electrical service. The building is currently enrolled in the Minneapolis 4D program, providing a significant reduction in annual property tax expense. There are four single stall garages included at the property. All current tenants are on month-to-month leases.
The property is well located for easy access to I-35W, as well as for access to numerous additional South Minneapolis area amenities.
Investment highlights
Please contact listing agent directly for additional information about this property. David Dirkers | 651-998-9380 | David@mrgrealtypartners.com
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