Courtesy of: Ishmael Israel, National Realty Guild, 612realtor@gmail.com
Courtesy of: Ishmael Israel, National Realty Guild, 612realtor@gmail.com
$649,900
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8 bed
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Lot: 0.32 Acres
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Other
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$649,900
1107 57th Avenue N 24 hr notice to show. Well-maintained property offers an excellent opportunity for a new or growing investor to step into a cash-flowing asset. -Three units occupied w/market-rate tenants and a lease is pending on the fourth. Two units have been updated. -4 furnaces-CenterPoint Energy has quoted approx. $2, 500 to separate gas meters, allowing future heat costs to be shifted to tenants, further increasing net income. -E-Z access to I-94, Hwy 100, and I-694, and public transit routes-high rental demand area. Street has an expanded pedestrian path leading to a regional park and the Mississippi River — approx. a 15-minute walk. -Coin-op laundry on inactive third-party contract —new owner can take over machines and capture 100% of income. -Detached garage provides another revenue opportunity if rented separately. Property has been professionally managed and would be suitable for either passive ownership or self-management. **Listing agent holds an ownership interest in the property.
Courtesy of: Ishmael Israel, National Realty Guild, 612realtor@gmail.com
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