1106 Irving Avenue N,Minneapolis, MN 55411
Minneapolis, MN 55411
Description
Welcome to this turn key, high yield investment home just moments from Downtown Minneapolis, an exceptional property built for maximum rental income and investment performance. Offering 6 generous sized bedrooms, a bathroom on each one of the 3 floors and 2 kitchens! This creates a rare opportunity for high-occupancy rental strategies such as co-living, group housing, sober living, student housing, or traditional long-term rentals. It's currently making $4,450/month with strong leases secured. Significant updates include a new A/C unit installed in the home in 2024, two updated bathrooms, newer windows and new paint throughout the home! This home offers an opportunity to step into a great investment with the proof-of-concept and cashflow already in place! An oversized two-car garage with additional storage space on top gives for even more income potential! Please allow 24hrs for showings.
Details
| MLS # | 7069586 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 105 |
| Listing Provided By | LPT Realty, LLC | Michael Jimenez |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,404 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | Residential-Single Family |
| Acreage | 0.00 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Appliances | Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer |
Exterior
| Construction Materials | Block, Concrete |
|---|
Parking
| Parking Features | Detached Garage, Asphalt, Shared Driveway |
|---|
Taxes
| Property | 4317 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55411 |
| Area | 57 |
| Community Name | Oak Park Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Oak Park Add) | |
Price: $339,700 low | high Med: $300,000 sqft: 2,404 low | high Med: 2,112 $ / sqft: $141 low | high Med: $142 On site: 105 low | high Med: 0 | |
Market Activity 55411
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Contact
Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55411 |
| Area | 57 |
| Community Name | Oak Park Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Oak Park Add) | |
Price: $339,700 low | high Med: $300,000 sqft: 2,404 low | high Med: 2,112 $ / sqft: $141 low | high Med: $142 On site: 105 low | high Med: 0 | |
