8 hr notice to show. This property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2,500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River ? approx. a 15-minute walk. -Coin-op laundry on third-party contract ?new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.
Listed By
Agency Name: National Realty Guild
Agency Phone: 651-330-8001
Shown By
Agency Title: LeBlanc Realty
Agency Phone: 218-281-7451
Estimated Payment
$ 2,375.84 per month $1,335.12 Principal & Interest $865.75 Property Tax $174.97 Homeowner's Insurance
1107 57th Avenue N | MLS# 7032582
This multi-family property located at 1107 57th Avenue N, Brooklyn Center, MN 55430 is currently listed for sale with an asking price of $599,900. 57th Avenue N is located within the Brooklyn Center school district. Search Brooklyn Center real estate on www.leblancrealty.com today.