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$525,000
Est. payment /mo
3,468 SqFt
UPDATED:
12/08/2024 07:45 PM
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,468 sqft
Price per Sqft $151
Subdivision Polk Street Sub
MLS Listing ID 6622707
Year Built 1900
Annual Tax Amount $8,622
Tax Year 2024
Contingent Inspection
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 146 x 39
Property Description
Now offered for sale in one of the most desirable rental neighborhoods of Minneapolis, this 4-plex offers owner occupants or investors a chance to add a prime location to their rental portfolio.
All units have “no winter move-out notice” stipulations through February 2025, so investors or owner occupants alike won’t have to worry about finding new tenants in the middle of winter. 3/4 Units are currently MTM.
Many mechanical updates have been completed by the owner investing thousands in a high-efficiency boiler, water heater, electrical, and plumbing which reduces the chance of a big expense in the first few years for the new owner.
Unit 3 is a large 2-bed unit which is split into 2 floors! Lots of living space demands a higher monthly rent or a great option for the work-from-home owner occupant investor.
Large parking lot out back where a garage used to be gives tenants plenty of space to park, or space to create a private backyard patio.
Please allow for 24-36 hour notice for showings with full occupancy.
This one will go quick, so come check it out today!
All units have “no winter move-out notice” stipulations through February 2025, so investors or owner occupants alike won’t have to worry about finding new tenants in the middle of winter. 3/4 Units are currently MTM.
Many mechanical updates have been completed by the owner investing thousands in a high-efficiency boiler, water heater, electrical, and plumbing which reduces the chance of a big expense in the first few years for the new owner.
Unit 3 is a large 2-bed unit which is split into 2 floors! Lots of living space demands a higher monthly rent or a great option for the work-from-home owner occupant investor.
Large parking lot out back where a garage used to be gives tenants plenty of space to park, or space to create a private backyard patio.
Please allow for 24-36 hour notice for showings with full occupancy.
This one will go quick, so come check it out today!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Brick/Mortar
Interior
Heating Hot Water
Fireplace No
Exterior
Roof Type Age Over 8 Years,Asphalt
Building
Story More Than 2 Stories
Foundation 1500
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories More Than 2 Stories
Structure Type Steel Siding
New Construction false
Schools
School District Minneapolis
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Listed by Nathan Schammel • MRG Realty Partners, LLC
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