$380,000
Pending

2929 2nd Avenue S

Minneapolis, MN 55408
Listing OfficeColdwell Banker Realty
Browse 11 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

Charming 1910-built 4-plex, owned for 14 years, is the perfect investment opportunity. Each of the four 1-bedroom, 1-bathroom units boasts hardwood floors, an open-concept living and dining area, and timeless character. Located just minutes from downtown Minneapolis with easy highway access, residents will love being close to lakes, trails, shops, restaurants, and cafes. The property features a newer roof (less than 8 years old), a 2-stall garage, and three additional parking spaces, offering potential for extra income. Four storage units, two currently rented out, further enhance income potential. With leases set to renew (three expiring in October and one in December), this property has a proven history of always being rented. Priced competitively for a quick sale, don’t miss out on this investment opportunity!

  • Interior Details
      • HeatingBoiler
  • Property Details
      • Lot FeaturesTree Coverage - Medium
      • Lot DescriptionTree Coverage - Medium
    • Parking
      • Parking FeaturesDetached, Asphalt, More Parking Offsite for Fee
      • Parking Spaces2
  • Construction Details
      • Basement DescriptionEgress Window(s), Concrete, Stone/Rock, Unfinished
      • Property TypeMulti-Family
      • Basement1
      • Basement Finished1
    • Condition
      • Year Built1910
    • Material information
      • RoofRolled/Hot Mop, Flat
  • Utilities / Energy Details
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionBoulevard Add
    • Location
      • School DistrictMinneapolis
      • CountyHennepin
  • Financial Details
      • Taxes Annual$7,312
      • Days on Market (Cumulative)18
  • Other
      • MLS #6603537

Location

Katie Troye | RE/MAX ResultsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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