Minneapolis, MN 55404
$449,900
Great opportunity to own a well positioned fourplex in South Minneapolis with several recent exterior improvements already completed. The property features new window sashes, a newer roof, and a freshly redone stucco exterior, providing an updated appearance while addressing important long-term maintenance items. The boiler was also just replaced in 2023 alleviating several major concerns for the new owner. The four-unit property offers multiple income-producing units, with one unit currently vacant, providing flexibility for an owner-occupant, immediate leasing opportunity, or the ability to make updates and boost rent before placing a new tenant. Conveniently located in South Minneapolis near neighborhood amenities, parks, shopping, dining, and transportation. A solid opportunity for investors looking to add a multifamily property with recent exterior improvements to their portfolio.
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Listed by Garrett Matheson, IQ Realty