Description
Mixed-use income generating investment or live/work property with a single family home & commercial building in the heart of NE MPLS, Completely renovated, spacious & open floor plan in the commercial building with 2000 SF & large unfinished basement, currently being used as a fitness studio by the long term tenants. Beautiful & durable wood floors, large windows, updated 1/2 bath & kitchen. The story & a half single family home has 1440 finished sq. ft, updated kitchen with new cabinets, two BRs on each floor, two remodeled baths, & a full unfinished basement. One car garage & additional parking spaces. New concrete patio. Per the previous owner, roof was replaced in 2017, newer furnace systems in both properties including duct replacement, central air in the commercial space and portable A/C unit in the house. Fresh interior & exterior paint, Same long term tenants occupy the house and the commercial space. Great income generating property at 7% cap rate.
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0BEDS
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0.18ACRES
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0BATHS
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01/2 BATHS
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3,438SQFT
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$148$/SQFT
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Listing courtesy of Edina Realty, Inc..Description
Mixed-use income generating investment or live/work property with a single family home & commercial building in the heart of NE MPLS, Completely renovated, spacious & open floor plan in the commercial building with 2000 SF & large unfinished basement, currently being used as a fitness studio by the long term tenants. Beautiful & durable wood floors, large windows, updated 1/2 bath & kitchen. The story & a half single family home has 1440 finished sq. ft, updated kitchen with new cabinets, two BRs on each floor, two remodeled baths, & a full unfinished basement. One car garage & additional parking spaces. New concrete patio. Per the previous owner, roof was replaced in 2017, newer furnace systems in both properties including duct replacement, central air in the commercial space and portable A/C unit in the house. Fresh interior & exterior paint, Same long term tenants occupy the house and the commercial space. Great income generating property at 7% cap rate.
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