Cash flowing up/down duplex in South MPLS. Both units leased through end of May 2020, top unit for $1,900/mo and bottom unit for $1,690/mo. Top unit tenant has renewed lease through May 2021 at $1,950/mo and bottom unit would like to renew year long lease if new owner does not owner occupy. Never been vacant! Close to light rail, colleges, and short drive to downtown MPLS & Downtown St. Paul. Split gas & electricity for both units, paid by tenants. Great option for an owner occupant or investor looking to add to their portfolio. Both large 3bed/1bath units. The upstairs unit has additional bonus space. Coin operated laundry on site. There are a couple major value add opportunities with adding a potential 3rd unit in the basement and the potential to split the double lot and sell or develop the new lot. ***Video footage available upon request. Please reach out to listing agent, Lars Anderson.
Corner Lot, Tree Coverage - Medium, City Bus (w/in 6 blks)
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Listing information last updated on April 5th, 2020 at 7:21am CDT.