Fantastic opportunity for investors or owner-occupants looking to offset mortgage costs! This multi-family property offers two units with great rental potential. The lower level features a spacious 3-bedroom unit currently rented for $1,300 on a month-to-month lease, while the upper unit includes 2 bedrooms with a lease in place until the end of March 2025, renting for $1,200.Tenants cover heat and electricity, and the landlord takes care of other expenses, making this a low-maintenance investment. With some TLC, there’s potential to increase rental income by leveraging the two-car garage, carport, and shared washer and dryer in the basement. Don’t miss this chance to own a versatile property with excellent income potential!
Fantastic opportunity for investors or owner-occupants looking to offset mortgage costs! This multi-family property offers two units with great rental potential. The lower level features a spacious 3-bedroom unit currently rented for $1,300 on a month-to-month lease, while the upper unit includes 2 bedrooms with a lease in place until the end of March 2025, renting for $1,200.Tenants cover heat and electricity, and the landlord takes care of other expenses, making this a low-maintenance investment. With some TLC, there’s potential to increase rental income by leveraging the two-car garage, carport, and shared washer and dryer in the basement. Don’t miss this chance to own a versatile property with excellent income potential!
Neighborhood
Type
County
Ramsey
Tax Amount
$5,202
Status
Active
Listing #
6623622
Built
1896
Listed on site
1 day
Listed by:
William Yang Real Estate
© 2020 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of William Yang Real Estate. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Last Updated: 10/29/2024 06:19