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$509,000
Est. payment /mo
2,800 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,800 sqft
Price per Sqft $181
Subdivision Chicago Lake Park Add
MLS Listing ID 6710045
Year Built 1937
Annual Tax Amount $8,280
Tax Year 2025
Contingent None
Lot Size 4,791 Sqft
Acres 0.11
Lot Dimensions 40x119
Property Sub-Type Quadruplex
Property Description
Do not miss the opportunity to make this charming income producing 4plex yours. Priced to move, these four 1 bed 1 bath units always rent well, and are a great opportunity for long term rentals or could be fantastic for an airbnb. Units have hardwood floors and tons of natural light, and building has a newer boiler system. Located on Park Ave and Lake Street the property is a straight shot to downtown, and conveniently located near local shopping, restaurants, and the Midtown Greenway. There are 4 garages, and storages units, one for each apartment and laundry in the basement. There is plenty of opportunity for additional income on this property, there's an assumable loan, (reach out to listing agent for more details) and there's the possibility to house hack, at this price, it won't last long.
Location
State MN
County Hennepin
Rooms
Basement Full, Concrete, Unfinished
Interior
Heating Baseboard, Boiler
Fireplace No
Exterior
Parking Features Detached
Garage Spaces 4.0
Building
Lot Description Public Transit (w/in 6 blks)
Story Two
Foundation 1400
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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Listed by Barbara Hoberg • RE/MAX Results