MLS# 7068138 - 3606 E 34th Street Minneapolis, MN 55406 - Melanie Mix Northern Lakes Realtor

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MLS# 7068138 - 3606 E 34th Street Minneapolis, MN 55406

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.

Apartment Cash Flow, Inc. is the brokerage office representing the owner for this listing.
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