Great opportunity to own a 4-unit property just minutes from downtown Minneapolis. The building offers a mix of 2, 3, and 5-bedroom units, giving investors a variety of rental options. All four units are currently occupied, with tenants participating in the Housing Choice Voucher (Section 8) program. An oversized 2-car garage and additional off-street parking add to the property's appeal.The two upper units feature two-level layouts with two bathrooms and updated kitchens. Each unit has its own furnace and dedicated water heater, and tenants pay their own gas and electric.The 5-bedroom, 2-bath unit is expected to become available at the end of July, creating an opportunity for an owner-occupant looking to house hack or for an investor wanting added flexibility. The property is currently self-managed, and operating expense information will be provided as it becomes available.For qualified buyers, the sellers are open to a Contract for Deed through their preferred lender with a minimum 20% down payment, subject to lender approval and mutually agreeable terms. Whether you're adding another property to your portfolio or purchasing your first multifamily property, this is an opportunity worth seeing.
Listed By
Agency Name: Pemberton RE
Agency Phone: 612-260-8777
Shown By
Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541
Estimated Payment
$ 3,174.20 per month $1,758.20 Principal & Interest $1,185.58 Property Tax $230.42 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
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2210 Oakland Avenue | MLS# 7105774
This multi-family property located at 2210 Oakland Avenue , Minneapolis, MN 55404 is currently listed for sale with an asking price of $790,000. Oakland Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.