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2721 Columbus Avenue, Minneapolis, MN 55407

Status: For Sale

4 units
2,658 sq ft 4 garage spaces

$399,900

WELCOME HOME

Get to know this property.

Excellent opportunity for an owner-occupant or investor in this four-unit Minneapolis residential income property. Unit #1 is now vacant, providing the option for a buyer to move in while generating income from the remaining units. The property consists of one 1-bedroom units, one 1-bedroom + Den/2nd bedroom unit, and two studio units, each with a full bath and kitchens. The largest unit #3 is the largest and has a den which could be used as a 2nd bedroom! Units feature hardwood floors, natural woodwork, solid-surface countertops, ranges, and refrigerators. The shared full basement provides additional storage along with free laundry for residents. Four (4) detached single-stall garages provide valuable off-street parking and may be leased separately for additional income potential. Major recent improvements include a new electrical main, new boiler, and new roofs on both the house and garages. Conveniently located near public transit, neighborhood businesses, dining, parks, and downtown Minneapolis.

The details that matter.

General Property Information for 2721 Columbus Avenue, Minneapolis, MN 55407 - MLS# 7140287
Bedrooms and Bathrooms
Total Bedrooms:
2
Total Bathrooms:
4
Size and Multi Family Residence
Year Built:
1906
Type of Property:
Multi Family Residence
Style:
Fourplex
Stories/Levels:
2 Story
Total SqFt:
2,658
Total Fnsh'd SqFt:
2,658
Above Ground SqFt:
2,658
Finished Above Grade:
2,658
Below Ground SqFt:
1,278
Finished Below Grade:
0
Garage Stalls:
4
Garage SqFt:
800
Main Floor SqFt:
1,344
Approx Lot Dimensions:
42 x 123
Approx Number of Acres:
0.12
Income and Expenses
Gross Income:
$40,080
Total Expenses:
$0

A closer look at the location.

26th to Columbus, S to property.

This listing has been entered by the following office: Keller Williams Realty Integrity Lakes

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than MnRealtyCo, LLC are marked with the Broker Reciprocity or the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

All information provided is deemed reliable, but is not guaranteed and should be independently verified.

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