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$ 575,000
Est. payment | /mo
7 Beds
5 Baths
3,252 SqFt
$ 575,000
Est. payment | /mo
7 Beds
5 Baths
3,252 SqFt
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,252 sqft
Price per Sqft $176
Subdivision The Erastus Byers Add
MLS Listing ID 6814297
Bedrooms 7
Year Built 1910
Annual Tax Amount $8,034
Tax Year 2025
Contingent Inspection
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 40x126
Property Sub-Type Quadruplex
Property Description
Beautiful 4 unit building directly across the street from Powderhorn Park, perfect for investors looking for a fully occupied space with great renters in South Minneapolis performing at just under a 9% cap rate! This property boasts tons of original charms such as pristine built-ins, exquisite woodwork, and hardwood floors throughout, along with large rooms, high ceilings, exceptional Powderhorn Park views from several rooms, and a lovely upper floor loft apartment with skylights. Your tenants will love the amenities of Powderhorn Park and the numerous restaurants, shopping, and bike trails within walking distance. This building has undergone numerous capital improvements such as newer energy efficient windows, insulation, and updated electrical. Book your showing today!
Location
State MN
County Hennepin
Rooms
Basement Unfinished
Interior
Heating Boiler
Fireplace No
Exterior
Parking Features Paved Lot
Roof Type Age Over 8 Years
Building
Story More Than 2 Stories
Foundation 1212
Sewer City Sewer - In Street
Water City Water - In Street
Level or Stories More Than 2 Stories
New Construction false
Schools
School District Minneapolis
Listed by Todd Ginsberg • RE/MAX Results
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Tom Ott
REALTOR® | Lic# 590400