Pending
32 more
Presented By: Keller Williams Realty Integrity
Discover a remarkable investment opportunity with this family-friendly duplex in Minneapolis, built in
1917. Each of the two units-one above and one below-boasts two bedrooms and a full bathroom, along with a convenient two-car detached garage. The lower unit comes fully furnished and has a proven track record as an Airbnb, generating an impressive average of $2,500 per month, supported by a stellar collection of five-star reviews that highlight its prime location and extensive renovations. With the unit already
furnished, you can start earning income immediately. In the last three years, significant upgrades have been made, including a new roof, a spacious 27 x 8.75 patio complete with a French drain system, new fencing, and a modern HVAC system that adds central air to the upper unit. The lower unit has received a new boiler, updated bathrooms, and insulation in both the attic and exterior walls for enhanced energy efficiency. Additionally, electrical and plumbing systems have been upgraded, along with numerous cosmetic enhancements.The upper unit has also been beautifully renovated and has served as an owner-occupied space, making it
perfect for families, couples or individuals who want to step into the world of real estate investing.
Alternatively, you can capitalize on the rental potential by listing it on Airbnb, potentially earning
similar income to the lower unit. The property features a spacious fenced-in backyard with an in-ground fire pit making it a perfect place for outdoor play, gardening, and hosting get-togethers with friends and family. Don't miss out on this incredible opportunity!
Presented By: Keller Williams Realty Integrity
Above Grade Finished Area2392
BasementBlock
Basement (Y/N)Yes
Below Grade Finished Area
FuelNatural Gas
Garage Square Feet528
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
DirectionsHiawatha Avenue (Hwy 55) South to left on 35th Street to left on Snelling to home.
Electric Expense
Fuel Expense
Garage Spaces1
Gross Income
HeatingForced Air
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsTwo
Lot Size UnitsSquare Feet
MaintenanceExpense0
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense0
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NamePalmers Add
Tax Annual Amount4388
Tax Year2024
Trash Expense0
Water Sewer Expense0
Year Built1917
Building Area Total3192
Foundation Area1196
Lot Dimensions6098
Lot Size Area0.05
Water SourceCity Water/Connected
Realtor® MN and WI