Property Attributes
- ID#6522332
- TypeSingle Family
- CountyHENNEPIN
- CityMinneapolis
- AreaMurdoughs Rgt Bottineaus 2nd
- NeighborhoodMurdoughs Rgt Bottineaus 2nd
- Zip55418
- StyleSingle Family Residence
- Year Built1900
- Taxes$ 2010
- Price$ 379,900
- Bedrooms5
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1652
- Lot Size4,356 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description
Currently operated as a licensed sober house, the price and location of this home makes it a MUST SEE. The current license allows for up to 7 residents at a time and when fully occupied, this home brings in approximately $5,000 per month in gross revenue. With updated mechanicals, a completely renovated interior within the last few years, 5 bedrooms, 2 baths, on-site laundry, a fenced in yard, 2 car detached garage and located directly on the bus line, this investment opportunity is hard to beat. The owners work with a nearby treatment center to ensure low vacancy rates and high cash flow. If you currently own a sober house and are looking to add another, or if you would like to add this type of investment to your portfolio, set up your showing today!
Price History | |
---|---|
4/19/2024 | Listed $379,900 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Forced Air |
Cooling | Central Air |
Roof | Asphalt |
Appliances | Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer |
Garage Spaces | 2 |
Construction Materials | Vinyl Siding |
Year Built | 1900 |
Electric | Circuit Breakers,100 Amp Service |
Levels | Two |
Property SubType | Single Family Residence |
Tax Year | 2024 |
Accessibility | None |
County | Hennepin |
New Construction | No |
Property Type | Residential |
HOA / Comm Assn | No |
Contingency | None |
Subdivision Name | Murdoughs Rgt Bottineaus 2nd |
Directions | Central Ave NE to 22nd Ave NE,W to University Ave NE,S to home. |
City | Minneapolis |
Buyer Agent Compensation | 2.70 |
High School District | Minneapolis |
Zoning Description | Residential-Single Family |
Lot Size Square Feet | 4212 |
Street Name | University |
Property Attached Y/N | No |
Land Lease Y/N | No |
Tax Annual Amount | 2010 |
Additional Parcels Y/N | No |
Days on Market | 3 |
Standard Status | Active |
Lender Owned | No |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement | Full |
---|---|
Basement (Y/N) | Yes |
Fireplace Y/N | No |
Above Grade Finished Area | 1652 |
Full Baths | 1 |
3/4 Baths | 1 |
Street Suffix | Avenue |
Total Bedrooms | 5 |
Room Type | Living Room,Dining Room,Kitchen,Family Room,Bedroom 1,Bedroom 2,Bedroom 3,Bedroom 4,Bedroom 5 |
Total Baths | 2 |
Bath Desc | Main Floor Full Bath,Upper Level 3/4 Bath |
Fuel | Natural Gas |
Garage Square Feet | 440 |
Exterior Features
Fencing | Full |
---|---|
Parking Features | Detached |
Lot Features | Tree Coverage - Light |
Water Source | City Water/Connected |
Lot Size Area | 0.1 |
Lot Dimensions | 27x156 |
Lot Size Units | Square Feet |
Foundation Area | 826 |
Road Frontage Type | City Street |
Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool