$390,000

2545 Cedar Avenue S

Minneapolis MN, 55404

Description

A MUST SEE up/down duplex in South MPLS on a large double lot! Original hardwood floors, charming builtins, and spacious units with a lot of natural sunlight. This property has been well maintained anddefinitely shows pride in ownership. High demand area close to light rail, colleges, restaurants andshort drive to downtown MPLS & Downtown St. Paul. Tenants in both units as this property has never beenvacant! Split HEAT/ELECTRIC, paid by tenants. Great option for an investor looking to add major cashflow to their portfolio. Both large 3bed/1bath units and the upstairs unit has two additional bonusspaces. Property also offers a two stall garage and coin-operated laundry on site. Value addopportunities with adding a potential 3rd unit, or additional bedroom, in the basement and the potentialto split the double lot and sell or develop the new lot.

Details

MLS#5691559
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1912
Days On Site49

Features

SQ Feet3,200
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Area Information
StateMN
CountyHennepin
CityMinneapolis
Zip Code55404
Listing VS Median (in 55404)
Price:
$390,000
low | high
Med:
$574,500
2.692307692308% of Average
SqFt:
3,200
low | high
Med:
0
100% of Average
$ / SqFt:
$122
low | high
Med:
$0
100% of Average
On Site:
49
low | high
Med:
239.500000
20.459290187891% of Average
Listing Updated: January 1, 2021 2:08:01 PM PST
Lars Anderson LogoMLS Number: 5691559
Listing Provided By:
Lars Anderson  of  RE MAX Results

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