Margaret Fernandez
Property Description
Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of one 1-bedroom units, one 1-bedroom + Den/2nd bedroom unit, and two studio units, each with a full bath and kitchens. The largest unit #3 is the largest and has a den which could be used as a 2nd bedroom!Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four (4) detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential.Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Full, Shared Access, Storage/Locker, Storage Space, Unfinished
Garage: 4
Heating: Boiler
Lot Size: 0.12 Acres
Roof Type: Age 8 Years or Less
Taxes: $5,916
Year Built: 1906
Feature Descriptions
Days on Site: 45
Foundation Size: 2700
Lot: Public Transit (w/in 6 blks), Tree Coverage - Medium
Lot Dimensions: 42x123
Owners Expense: Gas, Sewer, Taxes, Trash Collection, Water
Parcel#: 3502924320332
Parking: Detached Garage, Multiple Garages, Storage
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Telephone
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Realty Integrity Lakes
Agency Phone: 612-821-7400
Shown By
Agent Name: Margaret Fernandez
Agent Phone: (763) 221-4841
Agency Title: Counselor Realty
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Estimated Payment
$ 2,738.07 per month $2,128.44 Principal & Interest $493.00 Property Tax $116.64 Homeowner's InsuranceChange Payment Information
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2721 Columbus Avenue | MLS# 7140287
This multi-family property located at 2721 Columbus Avenue, Minneapolis, MN 55407 is currently listed for sale with an asking price of $399,900. Columbus Avenue is located within the Minneapolis school district. Search Minneapolis real estate on mfernandez.counselorrealty.com today.