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Discover a turnkey investment opportunity in the heart of Minneapolis! This well-maintained 4-unit building offers four spacious 1-bedroom, 1-bath apartments; all vacant after recent updates and ready for leasing. Units feature fresh paint, refinished hardwood floors, and updates including new cabinetry and appliances in some units. New roof in 2023 and separate gas and electric meters for all units. This property presents excellent cash flow potential with projected rents at $1,200-$1,400/mo. Additional highlights include four off-street parking spaces, a convenient location near downtown, highways, and transit, and plenty of value-add potential for investors looking to grow their portfolio.
Property Type(s):
Multi Family
| Year Built | 1910 | County | Hennepin |
|---|
Additional Details
| BASEMENT | Full, Yes |
|---|---|
| CONSTRUCTION | Stucco, Wood Siding |
| HEAT | Hot Water, Natural Gas |
| LOT | 5227 sq ft |
| LOT DIMENSIONS | 42.00 X 126.00 |
| PARKING | Gravel, Open |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 6857 |
| WATER | Public |
| ZONING | Residential-Multi-Family |
Listed with Keller Williams Realty Integrity Lakes
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. All real estate listings are marked with the Broker ReciprocitySM logo, and detailed information about them includes the name of the listing brokers.
Information deemed reliable but not guaranteed.
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