2646 Central Avenue NE Minneapolis, MN $ 400,000
2646 Central Avenue NE
$ 400,000
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2646 Central Avenue NE

Minneapolis, MN, 55418
$ 400,000
Bedrooms12 Baths2.1 Sq 3,256

Monthly Estimate*

$ 2,794

2646 Central Avenue NE, Minneapolis, MN 55418 - Image 1
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Multi-Family Home for sale in Minneapolis, MN

for $400,000 with 12 bedrooms and 2 full baths, 1 half bath. This 3,256 square foot home was built in 1904.

Back on the market financing fell through. Incredible opportunity to own a great income driven multifamily property in a prime location! Off central Ave NE and 27th in Minneapolis MN 12 single bedrooms rent separately for $350 monthly to generate more residual income with no hassle. Please see the attached supplement for detail income and expenses information. Roofing Material: 10 years old and the seller replaced the boiler last two years. Note: information provided is accurate but not guarantee Buyer and buyer’s agent should verify. 12 hours required for showing.

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Multi-Family Active

Price

$ 400,000

Bedrooms

12

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 5,724

Style

Year Built

1904

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6515958

Features
General
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 1
Construction Materials Brick/Stone Fiber Cement Stucco
Year Built 1904
Electric Circuit Breakers Fuses
Levels More Than 2 Stories
Property SubType Other
Tax Year 2024
Gross Income 1
Accessibility None
County Hennepin
Operating Expense 22452.04
Insurance Expense 6248.61
New Construction N
Property Type Residential Income
Contingency None
Subdivision Name Menages Sup To East Side Add
Directions From 694 to central Ave NE heading south on central the property is located on the right by the used car sales.
City Minneapolis
Buyer Agent Compensation 2.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 3
Carport Spaces 0
Street Name Central
Land Lease Y/N N
Tax Annual Amount 5724
Electric Expense 3359.41
Fuel Expense 3578.4
Trash Expense 1
Water Sewer Expense 3504
Additional Parcels Y/N N
Days on Market 5
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Interior
Basement Brick/Mortar
Basement (Y/N) N
Above Grade Finished Area 2528
Street Suffix Avenue
Below Grade Finished Area 728
Foundation Dimensions 55x25.9
Fuel Electric Natural Gas
Garage Dimensions 24x17
Garage Square Feet 408
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Exterior
Fencing None
Parking Features Open
Lot Features Irregular Lot
Water Source City Water/Connected
Lot Size Area 0
Lot Dimensions 6969.6 sqft
Lot Size Units Square Feet
Foundation Area 1424
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Internal Only
Street Number 1 2646
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* Excluded Features
List By
Minnesota Realty Guide, Llc

Broker

jamesamo72@gmail.com

Email

Affordability Calculator

$3,271
Per Month
85%
15%
0%
Monthly Principal & Interest
$2,794
Monthly Property Taxes
$477
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$400,000 Listed Price

Map


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2646 Central Avenue NE, Minneapolis, MN, 55418 is a Multi-Family Home for sale at $400,000 with 3,256 sqft. 2646 Central Avenue NE has 12 bedrooms, 2.1 baths, and was built in 1904. The property's zip code is 55418 which is in Minneapolis, MN