Property Listing
Description
The 2016 renovation went to the bones: new foundation, all new electric, plumbing and HVAC, a third floor and a full basement. Three of the four units were finished high-end, and the showpiece is a two-level 3bd/2ba with its own central A/C, a loft, heated tile bath and private balcony. The 2-bedroom is vacant 8/31, so an owner occupant can move in. The fourth unit is still original, and that is where the rest of the upside starts. Both 1-bedrooms are large and convert easily to 2-bedrooms, and the existing 2-bedroom is the same floor plan, so the conversion is already proven here. The lower level has a finished bathroom, an egress window and own meter, and needs a kitchen to become a fifth unit, taking the building from 7 bedrooms to as many as 10 (buyer to verify conforming use with the City). All rents are below market and both 1-bedrooms roll to month-to-month October 1, so there is value to capture day one. Four storage units not billed, porch, deck and 8 off-street parking.
Property Information
Status: Active
Sub Type: ********
List Price: $674,999
MLS#: 7097885
Current Price: $674,999
Address: 2524 Jackson Street NE, Minneapolis, MN 55418
City: Minneapolis
State: MN
Postal Code: 55418
Geo Lat: 45.014063
Geo Lon: -93.249625
Subdivision: Menages Sup To East Side Add
County: Hennepin
Property Description
Year Built: 1891
Lot Size SqFt: 8276.4
Gen Tax: 9933
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 4215
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 5866
Style: Array
Total Bedrooms: 7
Total Bathrooms: 5
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: