2428 11th Ave S Minneapolis, MN 55404  | Multi Family
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$649,900

2428 11th Ave S Minneapolis, MN 55404
10
Bedrooms
4
Bathrooms
5,227
sqft
1900
Year Built
Multi Family
Property Type
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Special Offer:

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About This Home

Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Childrena??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 Airbnba??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, dona??t let this one pass you by!

Location

2428 11th Ave S Minneapolis, MN 55404

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Listing Agent

Kerby Skurat

Kerby Skurat

Remax Results

(1315 reviews)
Avg Price Sold$384.7K
Years Experience19
Total Transactions5895