4433 Aldrich Avenue, Minneapolis, 55412, MN
Price: $340,000
Status type: For Sale
City: Minneapolis
Neighborhood: Lind - Bohanon
Bedrooms: 0
Property Size :2010
Listing Agent: NST26330,NST229833
Property type : Duplex Up and Down
Zip code: 55412
Street: 4433 Aldrich Avenue
Street: 4433 Aldrich Avenue
Bathrooms: N/A
Year: 1904
Listing Brokerage: Realty ONE Group Choice
Owner Occupy is not available. This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door "Great added value potential" with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing!
Bedrooms: N/A
Fin ft² / Living Area: 2010 ft²
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: 2010ft²
Basement Details: Unfinished,
Appliances Included:
Air Conditioning: N/A
Garage Spaces: 2
Construction Materials: N/A
Foundation Size: 655ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 134x68
Longitude: 45.0365
Latitude: -93.2905
Zoning: N/A
Tax year: 2024
Tax annual amount: $4,334
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7679230
Listing Brokerage: Realty ONE Group Choice