Margaret Fernandez
Property Description
Investor opportunity in sought after Northeast Minneapolis. This classic early 1900s era duplex sits in a fantastic, walkable NE location and is ready for a full renovation to bring it back to life. Great bones throughout, including hardwood floors and generous natural light from large windows in both units. Each unit offers a spacious floor plan and two bedrooms. The basement offers potential to add a third unit, adding rental income or owner occupant flexibility once permitted and built out. This is a true sweat equity project for an experienced investor, contractor, or house hacker looking to maximize value in a high demand rental corridor close to shops, restaurants, and easy access to downtown. Property needs significant rehab including kitchen, ceilings, and mechanical updates. Bring your vision and bring this duplex back to life!
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Garage: 2
Heating: Forced Air, Hot Water
Lot Size: 0.14 Acres
Taxes: $4,601
Year Built: 1900
Feature Descriptions
Days on Site: 65
Foundation Size: 960
Lot Dimensions: 38x155
Parcel#: 1402924220137
Sewer: City Sewer/Connected
Units: 2
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Real Broker, LLC
Agency Phone: 855-450-0442
Shown By
Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty
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Estimated Payment
$ 2,067.64 per month $1,596.73 Principal & Interest $383.42 Property Tax $87.50 Homeowner's InsuranceChange Payment Information
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1716 University Avenue Ne | MLS# 7013822
This multi-family property located at 1716 University Avenue Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $300,000. University Avenue Ne is located within the Minneapolis school district. Search Minneapolis real estate on mfernandez.counselorrealty.com today.