2704 16th Avenue S, Minneapolis, MN

$579,000

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3,590

Square feet

0.17

Acres

About 2704 16th Avenue S

This property is a very solid, value-add investment property for someone looking to grow their rental portfolio or perfect for an owner occupant looking to offset their living expenses. This property boasts a ton of character with a very charming facade and an interior with many original features remaining including beautiful hardwood floors and gorgeous built-ins. The unit mix consists of three 2-bedroom units and one 5-bedroom unit. Rents are below market rate, giving an investor the opportunity to increase the income. This equity builder has a lot of potential! There is also a large two car garage. Common laundry room located in the basement. Laundry machines are leased.

Features of 2704 16th Avenue S

MLS® # 6232834
Price $579,000
Bathrooms 0.00
Square Footage 3,590
Acres 0.17
Year Built 1902
Type Residential Income
Sub-Type Quadruplex
Style Quadruplex
Status Active

Community Information

Address 2704 16th Avenue S
Area East Phillips
Subdivision Peters Add
City Minneapolis
County Hennepin
State MN
Zip Code 55407

Amenities

Amenities Coin-op Laundry Owned
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Heating Hot Water
Fireplace No

Exterior

Construction Wood Siding

School Information

District Minneapolis

Additional Information

Days on Market 3
Foreclosure No
Short Sale No

Listing Details

OfficeFair Trade Real Estate LLC

Listing Map

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