Classifieds
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Turnkey Minneapolis Quadplex, 1% rule, Private parking, 5th unit
I'm posting this on behalf of the seller. Will gather more information upon request.
Oversized 4 plex with a non-conforming 5th unit in the basement that has a bathroom, kitchen, and living area (would need to be rezoned into a 5 unit).
Units 1 & 2 (Upper units) are both two levels. Each unit has a loft, spiral staircase, and vaulted ceilings with skylights.
Unit 1 (upper) is rehabbed and occupied
Unit 2 (upper) is occupied
Unit 3 (lower) is occupied
Unit 4 (lower) is rehabbed and vacant
All four units have built-in buffets. The property has newer siding in good condition.
4 separate boilers and 4 separate gas and electric meters. Mechanicals were updated within the past 5-8 years and the roof was replaced about 5 years ago.
The property also includes 8 off-street parking spaces.
Offering