Property Listing
Description
Turnkey, 100% occupied four-plex delivering immediate cash flow in a prime Minneapolis location. Generating gross rental income of $6,548/month ($78,576 annualized), this high-performing property blends turn-of-the-century craftsmanship with major modern updates. Tenants enjoy a highly walkable neighborhood just blocks from Abbott Northwestern Hospital, Midtown Global Market, and top bike trails. • The Space: 3,822 above-ground sq. ft. featuring soaring high ceilings and rich, natural woodwork. • The Bonus: An additional 1,458 sq. ft. basement equipped with coin-operated laundry for extra revenue. • The Portfolio: Located at 2549 11th Ave. S, Minneapolis, MN 55404, this property can be purchased individually or as a package with a side-by-side duplex at 566 & 568 37th Ave. NE (MLS 7149871). Review the Offering Memorandum for full financial details.
Property Information
Status: Active
Sub Type: ********
List Price: $749,900
MLS#: 7149877
Current Price: $749,900
Address: 2549 11th Avenue S, Minneapolis, MN 55404
City: Minneapolis
State: MN
Postal Code: 55404
Geo Lat: 44.955705
Geo Lon: -93.258428
Subdivision: Elliotts Rgt Blks Brackett & Boveys
County: Hennepin
Property Description
Year Built: 1902
Lot Size SqFt: 5662.8
Gen Tax: 9324
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 3822
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 4458
Style: Array
Total Bedrooms: 10
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: