2206 Arthur Street NE
Property Description
Assumable mortgage opportunity at 2.75% interest rate, subject to lender approval and buyer qualification. Ask for additional details. Charming up/down duplex in the heart of Northeast Minneapolis! Nestled in the highly desirable Windom Park neighborhood, this well-maintained property offers an excellent opportunity for both investors and owner-occupants. The spacious lower unit features 4 bedrooms and 2 bathrooms and is currently vacant, providing immediate flexibility for an owner-occupant or the ability to lease at current market rents. Previously leased for $2,575/mo. The upper 1-bedroom, 1-bathroom unit is leased through September 2026 at $1,400 per month. Numerous updates include a new roof (2021), two new furnaces (2023), new A/C for the upper unit (2023), and renovations to the lower unit featuring new carpet, fresh paint, bathroom refresh, butcher block countertops, and updated hardware. Conveniently located just minutes from the University of Minnesota, St. Anthony Main, Downtown Minneapolis, the North Loop, and major highways including I-35W, this property offers the perfect combination of location, flexibility, and investment potential. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this Northeast duplex is one you won't want to miss.
Broker Details
Integrity Holdings Real Estate LLC (612) 821-7400
MLS ID: 52005
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $464,000 |
| Year Built: | 1949 |
| Lot Size: | 2,618.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 5 |
| Number of Bathrooms: | 3 |
ID: 3yd-RMLSMN-7146366
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