Ron Rheault
(701) 239-2233
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Listing Details
- $519,000
- MLS# 7149871
- Type Multi Unit - Multiple
- Status Active
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 952-944-7107
Shown By
Agent Name: Ron Rheault
Agent Phone: (701) 239-2233
Agency Title: Town & Country Realty
Home Value Estimate
Description
Prime Northeast Minneapolis Duplex Investment!This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market.¢ The Property: Spacious side-by-side layout with 1,364 finished sq. ft. per side.¢ The Income: Strong gross rent of $4,965/month ($59,580 annually).¢ Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1,976/mo / $23,712 annualized).¢ The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and <5 miles to downtown.¢ Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549...read more
Features
- Heating: Forced Air
- Taxes: $6,097
- Water: City Water/Connected
- Year Built: 1963
Gallery
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 952-944-7107
Shown By
Agent Name: Ron Rheault
Agent Phone: (701) 239-2233
Agency Title: Town & Country Realty
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