Impeccably renovated, turnkey fourplex in the Holland neighborhood of Northeast Minneapolis, 100% leased and in immaculate condition. Three of the four units carry high-end finishes from a full 2016 renovation: hardwood floors, updated kitchens, and newer furnaces and water heaters. The showpiece is a two-level, premium top floor 3-bed/2-bath unit with its own central A/C, a flexible upper-level loft (home office, den or lounge), a heated-tile bathroom, a shared deck on the main level and a private balcony on the upper level. Every unit is separately metered, including the unfinished lower level; tenants pay their own electric and gas, owner covers water, sewer and trash. Shared front porch and rear deck, on-site coin laundry, off-street parking, and unbilled basement storage.
The upside is real. In-place rents sit under market with leases rolling through 2026, the two 1-beds convert easily to 2-beds, with all units being separately-metered including the lower level which already has a finished bathroom plus its own furnace and water heater, needing only a kitchen to become a 5th unit, taking the building from 7 bedrooms to as many as 10. One unit is opening up now, a rare chance for an owner-occupant to move in. Walk to Central Ave, breweries, galleries and restaurants. See it in person.
Listing courtesy of Zachary Burnside, MRG Realty Partners, LLC
