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809 27th Avenue S, Minneapolis, MN 55454

Status: Off Market

4 units
3,655 sq ft

WELCOME HOME

Get to know this property.

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.

The details that matter.

General Property Information for 809 27th Avenue S, Minneapolis, MN 55454 - MLS# 6778844
Bedrooms and Bathrooms
Total Bedrooms:
3
Total Bathrooms:
2
Size and Multi Family Residence
Year Built:
1900
Type of Property:
Multi Family Residence
Style:
Four Plex
Stories/Levels:
2 Story
Total SqFt:
3,655
Total Fnsh'd SqFt:
3,655
Above Ground SqFt:
3,655
Finished Above Grade:
3,655
Below Ground SqFt:
1,827
Finished Below Grade:
0
Garage Stalls:
0
Garage SqFt:
N/A
Main Floor SqFt:
1,827
Approx Lot Dimensions:
40 x 120
Approx Number of Acres:
0.1
Income and Expenses
Gross Income:
$62,580
Total Expenses:
$30,400.0000

A closer look at the location.

94 to Cedar/Riverside exit, NW to South 8th street, east to 27th, S to home.

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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