Minneapolis, MN 55421
$519,000
Prime Northeast Minneapolis Duplex Investment! This turnkey, 100% leased side-by-side duplex offers robust, stable cash flow in a high-demand rental market. • The Property: Spacious side-by-side layout with 1,364 finished sq. ft. per side. • The Income: Strong gross rent of $4,965/month ($59,580 annually). • Guaranteed Revenue: Unit 566 is backed by MPHA rental assistance (approx. $1,976/mo / $23,712 annualized). • The Location: Quiet neighborhood within walking distance to Columbia Parkway, 2 miles to top NE bars/restaurants, and <5 miles to downtown. • Portfolio Option: Located at 566 & 568 37th Ave NE, this is part of a portfolio with 2549 11th Ave S (MLS 7149877). Properties can be sold individually. Please review the Offering Memorandum for additional details.
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Listed by Bradley Edlefsen, Edina Realty, Inc.