Description
Great opportunity to own a well-maintained triplex with value-add potential. The property features three units plus an unfinished basement offering future expansion or additional storage opportunities. Units 1 and 3 are currently leased through 02/28/2027, providing stable income, while Unit 2 is vacant, creating an ideal opportunity for owner-occupancy or immediate rental upside. Unit 1 (main floor) is a 2-bedroom, 1-bath unit featuring LVP flooring, a full bathroom, and a spacious living room. Unit 2 is currently vacant and ready to rent or occupy, with some cosmetic improvements offering additional value-add potential. Unit 3 is an attic-style 1-bedroom, 1-bath unit with a full bathroom, newly installed bathroom flooring, a large living room, and additional storage space. The building is forced-air heated with additional baseboard heaters and includes a front porch, partially fenced yard, and a gravel parking area with four off-street spaces accessible from the alley. Tenants pay electricity, cooking gas, and a $45/month trash fee, while the owner currently covers water, sewer, lawn care, and snow removal. Excellent opportunity for an investor seeking stable income or an owner-occupant looking to offset housing costs with rental income. This property is currently managed by Housing Hub LLC.
MLS ID: 7035480
Directions: I-94 to White Bear Ave exit; North on White Bear Ave; Left (West) on Sims Ave to property on left.

