Minneapolis, MN 55403
This exceptional investment property was once a mansion and has now been converted to a 9-unit rental. Set on a large city lot, this historic Victorian-era property offers ornate woodwork, original fireplaces, and hardwood floor with inlays. The main floor offers two efficiency units and a large two-bedroom unit. The second floor offers two efficiencies, each with a kitchenette and a private bath. There are 3 private room units, each with kitchenettes, that share a hallway bath. The third floor is a large loft unit perfect for an owner-occupant or VRBO. Generous off-street parking for ten cars. Fully rented and rarely vacant: 8 units are on a month-to-month lease w/60-day notice, Upper loft 1 yr lease. Updated Electric -1st and 2nd floors: 2016. 3rd Floor loft has separate electricity. New 75-gallon water heater. Copper water line to street.
Listing Office: RE/MAX Results
Last Updated: September - 26 - 2023
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