Impeccably renovated, turnkey fourplex in the Holland neighborhood of Northeast Minneapolis, 100% leased and in immaculate condition. Three of the four units carry high-end finishes from a full 2016 renovation: hardwood floors, updated kitchens, and newer furnaces and water heaters. The showpiece is a two-level, premium top floor 3-bed/2-bath unit with its own central A/C, a flexible upper-level loft (home office, den or lounge), a heated-tile bathroom, a shared deck on the main level and a private balcony on the upper level. Every unit is separately metered, including the unfinished lower level; tenants pay their own electric and gas, owner covers water, sewer and trash. Shared front porch and rear deck, on-site coin laundry, off-street parking, and unbilled basement storage.
The upside is real. In-place rents sit under market with leases rolling through 2026, the two 1-beds convert easily to 2-beds, with all units being separately-metered including the lower level which already has a finished bathroom plus its own furnace and water heater, needing only a kitchen to become a 5th unit, taking the building from 7 bedrooms to as many as 10. One unit is opening up now, a rare chance for an owner-occupant to move in. Walk to Central Ave, breweries, galleries and restaurants. See it in person.
21 days
|
768
|
47
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Zillow last checked:
Listing updated:
Listed by:
Zachary Burnside612-865-0080,
MRG Realty Partners, LLC,
David B Dirkers619-756-5718
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7097885
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Heating
Forced Air
Appliances
Laundry: In Basement, Common Area, Sink, Coin-op Laundry Owned
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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