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Marc Hedlund

marc@iheartexit.com +1(701) 730-4440

$560,000

Est. payment - /mo

6 Beds

2 Baths

2,436 SqFt

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OPEN HOUSE

Sat May 24, 1:00pm - 4:00pm

Sun May 25, 10:00am - 12:00pm

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,436 sqft

Price per Sqft $229

Subdivision Odoherty & Oreillys Add

MLS Listing ID 6707158

Style (MF) Duplex Up and Down

Bedrooms 6

Year Built 1987

Annual Tax Amount $7,028

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 50x158

Property Description

Welcome to 2218 22nd Avenue S , located in the highly sought after, Historic Seward Neighborhood of Minneapolis. 22nd Ave S is a truly special Avenue with a storybook feel. Owner occupy, or this is an incredible investment property, proven highly successful short/mid-term rental property. Walkability at its finest, and seconds to the famous Milwaukee Avenue, close to freeways, shopping, boutique, shops and restaurants along Franklin Avenue and Lake Street corridors, hospitals, the U of M, Augsburg University, Colleges and more. This up/down Style Duplex is truly a magical place, with lots of green elements, that will not disappoint. This property has been loved by its current and past owners. The current owners occupied the upper unit themselves and truly loved living here. They have continuously leased (short-term) out the lower-level unit during their ownership and have enjoyed that experience as well, they have never had an issue with it being occupied. Almost all their short-term tenants have extended their stays. This property is suitable for long- or short-term rental, depending on your wants/needs. Sellers willing to help with any of this information they can provide for the new buyers. Just under 2500 ft.² both units boast, lots of light and storage, 3 spacious bedrooms each, 1 full bath each, a family and dining room, both incredible, spacious, feel-good floorplans, shared secure entry, laundry room, yard, each unit comes with one garage stall. (Or 2 for you) There is extra off-street parking and always plenty of parking available for guests. The upper unit has a deck, fully fenced in oversized yard. The sellers have done many thoughtful improvements, and updates since they have purchased it. This truly special property will not last. (6 beds, 2 baths total). This is an excellent opportunity to own a cash flow positive investment property. Lower unit comes fully furnished.

Location

State MN

County Hennepin

Community Odoherty & Oreillys Add

Direction East Franklin Ave to 22nd Ave, South to property.

Rooms

Basement Daylight/Lookout Windows, Drain Tiled, Egress Windows, Finished (Livable), Full, Single Tenant Access, Sump Pump, Wood

Interior

Heating Baseboard, Other

Exterior

Parking Features Detached Garage, Garage Door Opener

Garage Spaces 2.0

Roof Type Age Over 8 Years,Asphalt Shingles

Accessibility None

Total Parking Spaces 2

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Water City Water/Connected

Architectural Style (MF) Duplex Up and Down

Structure Type Frame

Others

Senior Community No

Tax ID 3602924210148

Acceptable Financing Assumable, Cash, Conventional, FHA, VA

Listing Terms Assumable, Cash, Conventional, FHA, VA

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Listed by Coldwell Banker Realty

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Marc Hedlund

+1(701) 730-4440

Broker | License ID: 40339406

Broker License ID: 40339406

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2218 22nd AVE S Minneapolis, MN 55404

Marc Hedlund

OPEN HOUSE

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Get More Information