• Price$349,999
  • Parking2
  • Square Feet2,010
  • Built1904
  • Taxes$4,334
  • Est Monthly Payment $2,131
    Mortgage
    Calculator

4433 Aldrich Avenue N, Minneapolis

This large 2-unit duplex on an oversized corner lot is a fantastic investment opportunity! Both units are fully occupied with long-term Leases, and it meets the 1 percent rule making it a smart choice for investors. The main level unit is 4 bed 1 bath and is currently leased for $1,995.00 a month. The upper unit is a 3 bed 1 bath and is currently leased for $1,550.00 a month. In total this is 7 beds and 2 baths with a total current rental income of $3,545.00 a month. The owner pays for City Water/Sewer and Trash service at an average cost of $275.00 a month. The Electric and Natural Gas utilities are metered separately and paid for by the Tenants. The property features recently refinished hardwood floors throughout, giving it a warm and inviting feel. The main level unit includes a washer and dryer in the unfinished basement, The unfinished basement also has a separate exterior entrance door "Great added value potential" with the possibility to add another unit or add more finished beds and bath for the main floor unit. The property has updated vinyl windows, a fenced yard, and a 2-stall garage with ample parking adding to the property's appeal. The location is ideal with easy access to the bus line and just a 10-minute drive downtown. Don’t miss this opportunity to own a well-maintained fully occupied cash flowing duplex in a great area. Contact us today to schedule a showing!

Inquire Request Showing Add to Favorites Print Listing Share Listing

Essential Information

  • MLS® #6636260
  • Price$349,999
  • Bathrooms0.00
  • Square Footage2,010
  • Year Built1904
  • TypeResidential Income
  • Sub-TypeDuplex Up and Down
  • StyleDuplex Up and Down
  • StatusActive
  • Taxes$4,334

Amenities

  • # of Garages2
  • GaragesDetached

Exterior

  • RoofAge Over 8 Years
  • ConstructionOther

Additional Information

  • Days on Market66

Community Information

  • Address4433 Aldrich Avenue N
  • AreaLind - Bohanon
  • SubdivisionS W Ponds Add
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55412

Interior

  • HeatingBaseboard, Forced Air

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeRealty ONE Group Choice

MLS #6636260 is a 2010 Sq. Ft. Residential Income listing, located at 4433 Aldrich Avenue N in Minneapolis, MN.

Please provide a valid email address.