Welcome to one of the most gem, hidden neighborhoods in Minneapolis! Nestled in a "nook" of the Mississippi, and boasting several walkable parks and access to the river, the U of M, as well as local restaurants, grocery, and more. This stately late-Victorian fourplex is easy to rent and could make for an exceptional owner-occupant opportunity, with funding available in conventional loans for only 5% down payment. Each of the well-maintained units boasts a private covered balcony or deck, and has its own private entry for exceptional livability. Inside, beautiful oak and maple millwork, hardwood floors, and trim make for a bright, sun filled historic space. Decorative cut stained glass and tall ceilings add to the historic charm. This street ends right in front of the home, and the huge freeway barrier wall creates a surprisingly peaceful sound level. Off street parking for four cars, a maintenance free stucco exterior, and newer roof make this property easy to own. Tenants pay their own heat and electric, which enhances the bottom line. Unit 4, a one+ bedroom upper unit, is left vacant for any lucky future owner occupant of this property. A huge unfinished attic and basement create the possibility to go up to 8 units. Grosses income of $5025 per month. Book your private showing today.
Listing courtesy of Lakes Area Realty.
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