BEDS0
BATHS
SQUARE FEET3,124
MLS#7101570
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGales 1st Add
SCHOOLMinneapolis
Property Description
Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment. The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: Block, Unfinished
Basement: Yes
Heating: Boiler, Steam
Lot Size: 0.11 Acres
Taxes: $9,147
Year Built: 1913
Feature Descriptions
Days on Site: 29
Foundation Size: 1562
Lot Dimensions: 84.5 x 58
Owners Expense: Electricity, Fuel, Insurance, Grounds Care, Snow Removal, Taxes, Trash Collection
Parcel#: 3502924130356
Parking: Assigned, Concrete, Shared Driveway, Open
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 4
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimate Your Payment
Estimated Payment
$ 2,146.73 per month $1,224.06 Principal & Interest $762.25 Property Tax $160.42 Homeowner's Insurance
1508 E 26th Street | MLS# 7101570
This multi-family property located at 1508 E 26th Street, Minneapolis, MN 55404 is currently listed for sale with an asking price of $549,999. E 26th Street is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.