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2428 11th Avenue S, Minneapolis, MN 55404

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Listed By

Agency Name: RE/MAX Results
Agency Phone: 763-591-6000

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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Property Description

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! 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!

2428 11th Avenue S | MLS# 6782918

This multi-family property located at 2428 11th Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $579,900. 11th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Heating: Hot Water
Lot Size: 0.12 Acres
Roof Type: Asphalt
Taxes: $7,386
Year Built: 1900

Feature Descriptions

Days on Site: 179
Foundation Size: 1966
Lot Dimensions: 39x129x39x129
Owners Expense: Gas, Sewer, Trash Collection, Water
Parcel#: 3502924240039
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 3,871.11 per month $3,086.47 Principal & Interest $615.50 Property Tax $169.14 Homeowner's Insurance

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