Property Description:
Up/down duplex offers immediate income and long-term upside in the heart of Minneapolis. Located just minutes from downtown in the Hawthorne neighborhood, this property sits on a generous 8,276 sq ft lot and features a detached 2-car garage, fenced yard, and sunroom.
Each unit is separately metered for gas and electricity, and the plumbing is prepped for individual water meters, allowing you to pass utility costs to tenants and boost your NOI. With $2,700/month in gross rent and reliable tenants already in place, this is a true plug-and-play investment.
The building has central air, a partial basement, and recent mechanical updates including a newer furnace. The upper unit retains original hardwood floors and tall baseboards, while the lower unit features updated LVP flooring and spacious kitchen cabinetry.
Located within 6 blocks of public transit, near North High School and Fairview Park, this property is ideal for investors seeking strong rental demand and proximity to downtown amenities.