Property Listing
Description
Well-maintained, fully occupied duplex in a prime University of Minnesota location offering immediate cash flow and strong long-term investment potential. Both units are leased with a current gross rental income of $3,325 per month ($39,900 annually). The property has a solid operating history, stable tenants, and presents an excellent opportunity for investors seeking a turnkey rental. Future upside exists through cosmetic updates and potential rent growth while benefiting from immediate income from day one. Conveniently located near the University of Minnesota, public transportation, restaurants, and shopping.
Property Information
Status: Active
Sub Type: ********
List Price: $409,900
MLS#: 7120659
Current Price: $409,900
Address: 808 9th Avenue SE, Minneapolis, MN 55414
City: Minneapolis
State: MN
Postal Code: 55414
Geo Lat: 44.987793
Geo Lon: -93.238782
Subdivision: Clara E Fuller Add
County: Hennepin
Property Description
Year Built: 1989
Lot Size SqFt: 2178
Gen Tax: 5592
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 2079
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 2079
Style: Array
Total Bedrooms: 6
Total Bathrooms: 2
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: