For more information regarding the value of a property, please contact us for a free consultation.
2420 E Bloomington AVE Minneapolis, MN 55404
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,222 sqft
Price per Sqft $120
Subdivision Gales 1St Add
MLS Listing ID 6151845
Year Built 1909
Annual Tax Amount $11,558
Tax Year 2021
Lot Size 7,405 Sqft
Property Sub-Type Quadruplex
Property Description
Outstanding opportunity to own a cash cow of a 4-plex. Each unit has 4 bedrooms and 1 bath and each unit rents for $1,600 per month. The building is 100% occupied so you will cash flow from day one! The bonus is the unfinished upper level that has soaring vaulted ceilings and can be finished to make two more units. Gas and electric are separately metered to tenants pay their own utilities. All four boilers were replaced approximately four years ago along with the roof and the vinyl siding makes this one a solid property and ready for you today!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler, Hot Water
Exterior
Fence Wire
Roof Type Age 8 Years or Less,Asphalt
Building
Lot Description Public Transit (w/in 6 blks)
Story More Than 2 Stories
Foundation 3111
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Vinyl Siding
New Construction false
Schools
School District Minneapolis
Read Less