2106 University Avenue NE Minneapolis, MN 55418

$379,900
Active
estimated monthly payment
5 Beds  |  2 Baths  |  1,652 Sq Ft  |  Single Family  |  MLS # 6522332
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About The Listing

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!


Listing courtesy of The Graham Smith Team, Keller Williams Integrity Realty
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1900
MLS #: 6522332
Bedrooms: 5
Square Feet: 1,652
Bathrooms (Full): 1
Price Per Square Foot: $230
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Detached
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Forced Air
Basement: Full
Construction Description: Vinyl Siding
Roof Description: Asphalt
Days On Market (Continuous): 45
Disability Features: None
Latest Update: 04/22/2024
List Date: 04/19/2024
Listing Agent ID: 502016278
Listing Office: Keller Williams Integrity Realty
Listing Office ID: 6582
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Number of Fireplaces: 0
Fence: Full
Lot Dimensions: 27x156
Lot Size: 0.1 Square Feet
Lot Features: Tree Coverage - Light
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $2,010
Contingency Type: None
City: Minneapolis
Zip: 55418
County: Hennepin
Subdivision: Murdoughs Rgt Bottineaus 2nd
State: MN

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Listing last updated: 04/22/24

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