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671 Northeast Spring Street

Minneapolis MN 55413

2
2
1
2215 sq. ft.
2242 sq. ft.
Duplex
Currently for sale - view listing

Overview

Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit. Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire. Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island’s riverfront trails.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
2215 sq. ft. floor area
2242 sq. ft. lot size
Duplex

Property history for 671 Northeast Spring Street

1998
Sold
$45,000
16 Nov 1998 by Jeffrey Kosse, of REALTY CENTER

Happy sellers in Minneapolis

~%

We have insufficient information to provide an overview of customer satisfaction for Minneapolis. Viewing the agent profiles, reviews and sales for Minneapolis can provide insights for this location.

Local market activity for 2 bedroom duplexes in Minneapolis

In the last 12 months, 1 two-bedroom duplex similar to 671 Northeast Spring Street, have been sold.

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Sales:
(619) 566-0008
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