Address
2106 University Avenue NE, Minneapolis, MN
Price
$ 379,900
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

Property vs Single Family Average in 55418

Price
AVG $390K
$380K
Taxes
AVG $4,414
$2,010
Visits
AVG 126
93
Data Provided by Inside Real Estate®
Year Built
AVG 1939
1900

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