1111 Newton Avenue N, Minneapolis, MN 55411

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Listed By

Agency Name: Total Freedom Realty, Inc
Agency Phone: 651-455-7355

Shown By

Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty

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Property Description

Stunning, recently renovated up/down duplex offering a fantastic opportunity for an owner-occupant or investor seeking strong cash flow. The upper unit has been beautifully updated with 21 brand-new windows, fresh paint, new kitchen and bathroom flooring, refinished hardwood floors, new countertops and light fixtures, a new refrigerator, new bathroom vanity and toilet, and a resurfaced bathtub with a new surround. This unit is vacant and move-in ready, ideal for an owner-occupant or new tenant, while the lower unit is occupied by a long-term tenant providing immediate rental income. Each unit features two bedrooms, one bathroom, a bright sunroom, spacious living room, formal dining room, and a large kitchen, with the upper unit also offering a bonus office or den perfect for working from home. Additional value-add potential includes a large unfinished basement and attic space for future expansion or storage. Priced below market value to factor in exterior repairs that can't be completed in the cold and to encourage a quick sale, this one will give you instant equity!

1111 Newton Avenue N | MLS# 7012824

This multi-family property located at 1111 Newton Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $300,000. Newton Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Partial
Basement: Yes
Heating: Boiler
Lot Size: 0.12 Acres
Taxes: $6,201
Year Built: 1916

Feature Descriptions

Days on Site: 35
Foundation Size: 1540
Lot Dimensions: 42.04 X 126.6
Owners Expense: Grounds Care, Repairs, Management, Snow Removal, Trash Collection, Water
Parcel#: 2102924220045
Parking: Open
Road Frontage: City Street
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Gas
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 2,200.98 per month $1,596.73 Principal & Interest $516.75 Property Tax $87.50 Homeowner's Insurance

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