2704 South 16th Avenue

Minneapolis MN 55407

0.17 ac.

Multi-Family

Currently for sale - view listing

Overview

Are you looking for a good investment for your money to offset the effects of inflation? This South Minneapolis 4-plex offers the opportunity for an investor to have steady cashflow coming in each month or for an owner occupant to offset their living expenses and make some additional income. There are three 2 bedroom units and one 5 bedroom unit, fully rented. Rents are below market which gives the new owner opportunity for growth. Current gross annual income is $59,910 or 11.63% at current list price. Where else can you get such return on your money? Don't miss out on the opportunity to maximize your hard earned money, contact listing agent to book your private tour. Due to renter's various schedules, tour days/times are limited.