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Active
2428 11th AVE S Minneapolis, MN 55404
3,704 SqFt
UPDATED:
02/03/2025 07:57 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,704 sqft
Price per Sqft $175
Subdivision Cole & Weeks Rgt Brackett & Bovey
MLS Listing ID 6653687
Year Built 1900
Annual Tax Amount $7,235
Tax Year 2025
Contingent None
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 39x129x39x129
Property Sub-Type Quadruplex
Property Description
Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children's Hospitals! Take advantage of low down-payment loans to house hack and secure your financial future! Huge newly rehabbed 3br apt is vacant and awaiting owner occupant or your tenant, other 3 apts (3br x1, 2br x2) are stability occupied. Possibilities are endless, bring your ideas! Consider creating Airbnb's to house hospital guests, medium-term rentals for traveling nurses, or build out large unfinished attic and basement for 6-plex conversion and rent section 8 for impressive cash flow! Building very well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, addition of zoning to heating system, installation of large custom front windows up and down, and cosmetic turn-over of all units. Projected gross monthly rents surpass 5.5K, conservatively. Your future awaits, don't let this one pass you by!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full, Unfinished
Interior
Heating Hot Water
Fireplace No
Exterior
Roof Type Asphalt
Building
Story Two
Foundation 1966
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone,Vinyl Siding
New Construction false
Schools
School District Minneapolis
Listed by Kerby Skurat • RE/MAX Results