2106 Elliot Avenue, Minneapolis, MN 55404

Property Description

Unique South Minneapolis 4plex available now. Great location right between US Bank Stadium and Powderhorn Park. Close to everything with easy freeway access. Two large 3-bedroom units and two spacious studio apartments. Separate electric, separate gas, separate water heaters, and separate furnaces for all 4 units and common areas. Recently rehabbed with fresh finishes and updates to each unit and all common areas including hallways and basement. Units are well laid out with high ceilings and lots of natural light. New vinyl flooring, new carpet, and refinished hardwood flooring throughout the entire property. All windows are efficient vinyl with double pane glass. All brick exterior in great shape, exterior trim features maintenance free aluminum and vinyl siding. Rare custom carved stone accents throughout exterior are in excellent condition and provide unique charm. Large basement features multiple private access points for potential expansion. Units are in turn-key condition ready for occupants. Rent values are roughly $2,000 for the 3 bed units and $1,000 for the studios. Total estimated rent value of $6,000 per month. Excellent opportunity for investors seeking cashflow and owner occupier buyers seeking an opportunity to cover the mortgage with rents. Book your showing ASAP.