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Image 1 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Image 2 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Image 3 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Image 4 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Image 5 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

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Image 7 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Image 8 - 2106 Northeast University Avenue, Minneapolis, MN 55418, USA - House for sale

Home For Sale In Minneapolis, Minnesota

2106 Northeast University Avenue, Minneapolis, MN 55418, USA

Home For Sale In Minneapolis, Minnesota

house for sale

4 views

Listed: 04/23/24

2106 Northeast University Avenue, Minneapolis, MN 55418, USA

5 Bed:

2 Bath:

1,652 Sq Ft Living Area:

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Price

$ 379,900

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About This House

Currently operated as a licensed sober house, the price and location of this home makes it aMUST SEE.The current license allows for up to 7 residents at a time and when fully occupied, this home brings in approximately$5, 000per month in gross revenue. With updated mechanicals, a completely renovated interior within the last few years, 5 bedrooms, 2 baths, on-site laundry, a fenced in yard, 2 car detached garage and located directly on the bus line, this investment opportunity is hard to beat. The owners work with a nearby treatment center to ensure low vacancy rates and high cash flow. If you currently own a sober house and are looking to add another, or if you would like to add this type of investment to your portfolio, set up your showing today!

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Holland Housing & Living

Household Income

Median household income: $63,590

Number of households: 175,233

The average household income in Minneapolis, MN grew from $60,789 to $63,590 in the past year. This data is an estimate based upon 175,233 households in Minneapolis, MN.
The chart below presents how household income is distributed in Minneapolis, MN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Minneapolis, MN compared to median property taxes around the country. The prevalent amount of property taxes in Minneapolis, MN equals $3k+ , which is more than the national average.

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