Active

2106 University Avenue NE

Minneapolis MN, 55418

$379,900


$229.96 per sqft

Active

5 Beds

1.75 Baths

1,652 sqft

Residential

Built in 1900

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!

6522332

MLS ID

April 19, 2024

Listed

April 22, 2024

Updated

Map

2106 University Avenue NE
Minneapolis MN, 55418

Interior Features

Total Stories

2


Bedrooms

5 Beds


Bathrooms

1.75 Baths


Appliances

Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Tree Coverage - Light


Roof

Asphalt


Sewer

City Sewer/Connected

School Information

School District

Minneapolis

Other Property Details

Taxes

$2,010


Tax Frequency

Annually


Days on Market

3


Garage

Yes


Garage Spaces

2


Parking

Detached


View

No


County

Hennepin


Water Source

City Water/Connected


Pool

No


Buyer Agency Compensation

2.7%

 

Courtesy of Keller Williams Integrity Realty

If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Lauren A. Janoski shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2024 Northstar MLS. All rights reserved. 

Data last updated 5:08 PM UTC, 4/22/2024

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