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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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900 16th Avenue N, Minneapolis, MN 55411
$425,000
SQUARE FEET 6,592
MLS# 7045285
STATUS: Contingent
PROPERTY TYPE: Multi Unit - Multiple
SCHOOL: Minneapolis
Property Description
Exceptional investment opportunity in Minneapolis! This large four-plex offers the perfect blend of classic charm, strong rental potential, and long-term upside. Each of the four units features 2 bedrooms and 1 bathroom, with spacious layouts that include tall ceilings, generously sized rooms, and large closets?making them highly desirable for tenants.Throughout the property, you'll find beautiful original woodwork, including hardwood floors, detailed trim, and built-ins that add timeless character and appeal. Large windows in every unit bring in abundant natural light, creating bright and inviting living spaces. The property also includes coin-operated laundry in the basement for additional income, a large garage for tenant convenience or added rental value, and sits on a prominent corner lot. Whether you're looking to expand your portfolio, generate strong cash flow, or house hack by owner-occupying one unit while renting out the other three, this property offers incredible flexibility and income potential. Opportunities like this don't come around often?don't miss your chance to own a high-performing multi-family asset!
Property Features
Property Type: Multi Unit - Multiple Basement: Yes Basement: Daylight/Lookout Windows, Full Garage: 2 Heating: Hot Water Lot Size: 0.39 Acres Roof Type: Age Over 8 Years, Flat, Rubber Taxes: $1,580 Year Built: 1900
Feature Descriptions
Days on Site: 19
Foundation Size: 3296
Lot: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Lot Dimensions: 157 x 110
Owners Expense: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 1602924410055
Parking: Detached Garage, Asphalt, Concrete, Garage Door Opener
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: Coldwell Banker Realty - Lakes
Agency Phone: 612-920-5605
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Estimated Payment
$ 2,517.65 per month
$2,262.03 Principal & Interest
$131.67 Property Tax
$123.96 Homeowner's Insurance
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900 16th Avenue N | MLS# 7045285
This multi-family property located at 900 16th Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $425,000. 16th Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on nanderson.counselorrealty.com today.