2106 University NE Avenue, Minneapolis, MN 55418

  • $379,900
2106 University NE Avenue, Minneapolis, MN 55418
For Sale Active

2106 University NE Avenue, Minneapolis, MN 55418

2106 University NE Avenue, Minneapolis, MN 55418
  • $379,900

Overview

  • 5
  • Bedrooms
  • 1
  • Bathroom
  • 2
  • Garages
  • 1652
  • Sqft
  • 1900
  • Year Built

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!

Details

Updated on April 22, 2024 at 7:31 pm
  • Property ID: 3876332
  • Price: $379,900
  • Property Size: 1652 Sqft
  • Bedrooms: 5
  • Bathroom: 1
  • Garages: 2
  • Year Built: 1900
  • Property Status: For Sale
  • MLS#: NST6522332
  • Office Name: KELLER WILLIAMS INTEGRITY REALTY
  • MLS Status: Active

Additional details

  • Category: Residential
  • Roof: Asphalt
  • Sewer: City Sewer/Connected
  • Cooling: Central Air
  • Heating: Forced Air
  • Tax Annual: 2010
  • Tax Year: 2024
  • Parking: Detached
  • Water Source: City Water/Connected

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Brian Zimpel
  • Brian Zimpel