Property Listing
Description
Welcome to this turn key, high yield investment home just moments from Downtown Minneapolis, an exceptional property built for maximum rental income and investment performance. Offering 6 generous sized bedrooms, a bathroom on each one of the 3 floors and 2 kitchens! This creates a rare opportunity for high-occupancy rental strategies such as co-living, group housing, sober living, student housing, or traditional long-term rentals. It's currently making $4,450/month with strong leases secured. Significant updates include a new A/C unit installed in the home in 2024, two updated bathrooms, newer windows and new paint throughout the home! This home offers an opportunity to step into a great investment with the proof-of-concept and cashflow already in place! An oversized two-car garage with additional storage space on top gives for even more income potential! Please allow 24hrs for showings.
Property Information
Status: Active
Sub Type: ********
List Price: $339,700
MLS#: 7069586
Current Price: $339,700
Address: 1106 Irving Avenue N, Minneapolis, MN 55411
City: Minneapolis
State: MN
Postal Code: 55411
Geo Lat: 44.98921
Geo Lon: -93.299753
Subdivision: Oak Park Add
County: Hennepin
Property Description
Year Built: 1925
Lot Size SqFt: 0.12
Gen Tax: 4317.52
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 1922
Below Grade Finished Area: 482
Below Grade Unfinished Area:
Total SqFt.: 2404
Style: Array
Total Bedrooms: 6
Total Bathrooms: 3
Total Full Baths: 2
Garage Type:
Garage Stalls: 2
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: