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Property Description
Massive hard to find Cash flowing 4 unit building featuring 12 beds and 4 baths in Near North, perfect for the owner occupier to supplement living expenses or the investor alike with the building's fully occupied rent total potential sitting right around $100,000 annually. All 4 units feature nice newer eat in kitchens with stone countertops, 3 nice sized bedrooms, newer baths, and more. Each unit also has separate furnaces and water heaters, plus there is a large parking area out back for off street parking.
Property Features
Property Type: Multi Unit - Multiple
Basement: Block
Heating: Forced Air
Lot Size: 0.12 Acres
Taxes: $0
Year Built: 1921
Feature Descriptions
Days on Site: 15
Foundation Size: 2112
Lot Dimensions: 42.05x126.8
Owners Expense: Insurance, Grounds Care, Snow Removal
Parcel#: 2102924220035
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV, Electricity, Gas, Telephone
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 952-884-8404
Shown By
Agency Title: Counselor Realty - Rochester
Agency Phone: (507) 285-9400
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Estimated Payment
$ 3,284.24 per month $3,113.62 Principal & Interest $0.00 Property Tax (data not provided by mls) $170.63 Homeowner's InsuranceChange Payment Information
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1016 Newton Avenue N | MLS# 7135334
This multi-family property located at 1016 Newton Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $585,000. Newton Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealtyofrochester.com today.