Margaret Fernandez
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2428 11th Avenue S, Minneapolis, MN 55404

New - 3 Hours Ago

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Listed By

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

Shown By

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

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Property Description

This large renovated 4-plex on quiet street near major hospitals, Lake St corridor, and downtown awaits you! Possibilities are endless, bring your ideas! Consider house hacking to jumpstart your investing and build generational wealth, creating Airbnbs for hospital guests or medium-term rentals for traveling nurses, or build out unfinished attic and basement for a 6-plex conversion and impressive cash flow! Building well maintained with numerous updates since 2020, including new roof, soffit and fascia, complete tuckpointing and painting of brickwork, new water heater, modernization of heating system, installation of large custom windows in front, 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# 7033911

This multi-family property located at 2428 11th Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $569,900. 11th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on mfernandez.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Unfinished
Heating: Hot Water
Lot Size: 0.12 Acres
Roof Type: Asphalt
Taxes: $8,773
Year Built: 1900

Feature Descriptions

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

$ 3,930.55 per month $3,033.25 Principal & Interest $731.08 Property Tax $166.22 Homeowner's Insurance

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