Property Listing
Description
Rare opportunity to own a well-maintained, turnkey fourplex in a desirable location! Whether you're looking to owner-occupy or expand your investment portfolio, this property offers exceptional value. Live in one unit while the rental income helps offset your mortgage and living expenses, or enjoy strong, consistent cash flow as a fully leased investment. The property has maintained 100% occupancy over the past year with outstanding tenants and currently generates $5,800 per month in rental income. Each unit features two bedrooms plus a bright front sunroom, offering the flexibility to use the space as a home office, nursery, or potential third bedroom. Recent updates include a new water heater, adding peace of mind for the next owner. Additional amenities include a private off-street parking lot, providing convenient parking for tenants. This is a rare opportunity to purchase a move-in, rent-ready fourplex with a proven rental history and excellent income potential.
Property Information
Status: Active
Sub Type: ********
List Price: $539,999
MLS#: 7101570
Current Price: $539,999
Address: 1508 E 26th Street, Minneapolis, MN 55404
City: Minneapolis
State: MN
Postal Code: 55404
Geo Lat: 44.955725
Geo Lon: -93.253265
Subdivision: Gales 1st Add
County: Hennepin
Property Description
Year Built: 1913
Lot Size SqFt: 4792
Gen Tax: 9147
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area: 3124
Below Grade Finished Area: 0
Below Grade Unfinished Area:
Total SqFt.: 3124
Style: Array
Total Bedrooms: 12
Total Bathrooms: 4
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain:
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: