$415,000
$420,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
3,456 SqFt
SOLD DATE : 12/22/2023
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,456 sqft
Price per Sqft $120
Subdivision Rheems Add
MLS Listing ID 6463940
Sold Date 12/22/23
Year Built 1925
Annual Tax Amount $4,809
Tax Year 2023
Contingent None
Lot Size 6,969 Sqft
Acres 0.16
Lot Dimensions 126x54
Property Sub-Type Quadruplex
Property Description
Introducing a great investment opportunity – a cashflowing 4-unit building designed for financial success. Each unit features individual furnaces and water heaters, strategically minimizing owner expenses. Units 1 and 3 stand as renovated gems, showcasing brand-new kitchens for modern living. Meanwhile, Units 2 and 4 present an ideal chance to boost equity. Revel in the benefits of newer windows and updated bathrooms throughout. Adding to the appeal is a 4-stall garage at the alley, providing convenient storage or an additional stream of rental income. Seize this opportunity for a profitable investment in real estate, where cash flow meets the potential for added value. Schedule your showing today!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Fireplace No
Exterior
Parking Features On-Street Parking Only
Garage Spaces 4.0
Fence None
Roof Type Flat
Building
Lot Description Tree Coverage - Light
Story Two
Foundation 1728
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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Dustin Dodge, ABR
Vice President - Realtor | License ID: MN: 40695602 | WI: 90855-94