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