Margaret Fernandez
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209 Cedar Lake Road N, Minneapolis, MN 55405

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Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 952-927-1100

Shown By

Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty

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Property Description

Classic Craftsman triplex in a prime Minneapolis location! Ideal for an owner-occupant looking to offset their mortgage while building equity. Situated near Bryn Mawr Park, Utepils Brewing, Animales BBQ and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown, trails, and neighborhood amenities that support strong rental demand. Unit 2 is currently vacant and features 2BR + den, renovated finishes, original hardwood floors, and a welcoming front porch?perfect for owner occupancy or easily rented at $1,300/month. Unit 1 offers 2BR + den with vintage hardwood floors, a living room fireplace, and built-in bookshelves, currently leased at $1,300/month. Unit 3 is a cozy 1BR + den with a private patio, leased at $1,150/month. Each unit has separated electric and gas service and its own private basement space with washer and dryer. A flexible, turnkey opportunity in a steadily growing neighborhood?ideal for owner-occupants or investors alike!

209 Cedar Lake Road N | MLS# 7029492

This multi-family property located at 209 Cedar Lake Road N, Minneapolis, MN 55405 is currently listed for sale with an asking price of $420,000. Cedar Lake Road N is located within the Minneapolis school district. Search Minneapolis real estate on mfernandez.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Daylight/Lookout Windows, Full, Unfinished
Basement: Yes
Garage: 3
Heating: Boiler, Radiator
Lot Size: 0.18 Acres
Taxes: $6,882
Year Built: 1922

Feature Descriptions

Days on Site: 6
Foundation Size: 2179
Lot: Public Transit (w/in 6 blks)
Lot Dimensions: 45x169
Owners Expense: Insurance, Sewer, Taxes, Trash Collection, Water
Parcel#: 2102924340175
Parking: Detached Garage
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 2,931.42 per month $2,235.42 Principal & Interest $573.50 Property Tax $122.50 Homeowner's Insurance

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