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Listed price in listed location currency (USD).
$519,000

640

MLS® 7149871

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 2729 sqft
Garage No
Taxes $6,097
Days Active 13
Lot Size 0.13 Acres
Approx. Age 1963
Avg. Price Per Sqft $190
MLS® Number 7149871

Property Address: 566 & 568 37th Avenue Ne, Minneapolis, MN, 55421

Average square foot calculated using Size range provided by listing agent.

Description

Prime Northeast Minneapolis Duplex Investment! This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market. • The Property: Spacious side-by-side layout with 1, 364 finished sq. Ft. Per side. • The Income: Strong gross rent of $4, 965/month ($59, 580 annually). • Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1, 976/mo / $23, 712 annualized). • The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and <5 miles to downtown. • Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549 11th Ave S (MLS 7149877). Properties can be sold individually. Please review the Offering Memorandum for additional details.
MLS® Number7149871
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1963
BasementFinished
DrivewayOn-Street Parking Only
Garage Spaces0
HeatForced Air
A/C

Extras

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