4451 Minnesota Avenue
Property Description
Gross Yearly Income Calculation includes 3 current leases which are: $1,387; $1,387 and $850 + an estimated of $850/m for the one vacant 2nd floor unit. Two units are currently leased as furnished mid-term rentals; One unit is on a traditional 1 year lease, unfurnished and one 2nd floor unit is vacant. The Unit Layouts are as follows 2nd floor: private bedroom in front, a living room in the middle, bathroom and large eat in kitchen with covered deck off the back. 1st floor: living room, walk-through-bedroom, bathroom, large eat in kitchen and covered back porch. All units include interior access to basement with laundry, backyard and parking pad. This 4-unit building has provided reliable income for many years and is ready for its new owner or savvy owner occupant. Out-back is a large fenced in yard and parking pad. Like many multi-families this building is offered as-is, which means buyer is welcome and encouraged to complete their own private inspections to decide if they want to take-it-or-leave-it, but seller will not renegotiate contract based on buyers inspection findings. For showings: One unit is vacant and both sides of basement are available. Since the other three units are occupied, they can be made available for showings on contingency with accepted contract for serious buyers. Contact your multi-family experienced agent directly today for access and get it while it lasts!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $250,000 |
| No. of Units: | 4 |
| Year Built: | 1911 |
| Lot Size: | 3,932.00 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $62,500 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 4 |
ID: 3yd-MARISMO-26058152
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