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Wilen Real Estate

2428 11th Avenue, Minneapolis, MN 55404

2428 11th Avenue, Minneapolis, MN 55404

$649,900
Residential Income
N/A Beds
N/A Baths
3,704 SQFT
1,900 Year Built
0.12 Acres
No Waterfront
Rare opportunity to own large Italianate 4-plex on quiet street just blocks from Abbott Northwestern and Children’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 Airbnb’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, don’t let this one pass you by!

Listed by: RE/MAX Results
TALK WITH AN AGENT & SCHEDULE A SHOWING

Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
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