1344 N Oliver Ave, Minneapolis, MN 55411
Single Family / 7 Bedroom(s) / 2 Bath(s)
Property Status: For Sale | $315,000.00 (Wholesale) |
Single-Family, Multi-Room Monster – $6,800/mo Income, 19.6% Cap, M2M Leases!
Property Status:
For Sale | $315,000.00 (Wholesale)
Property Details:
Single Family / 7 BR / 2 BA
Property Style:
2-StoryYear Built:
1923Finished Sq Ft:
1,524Garage:
1 Car DetachedBasement:
Partial BasementOwner / Agent:
Wholesale
Property Features:
Central Air
Fireplace
Porch
Fenced Yard
shared-living layout, updated interiors, near transit and N. Mpls redevelopment
Property Description:
Turnkey rental machine in the heart of Minneapolis! This spacious 7-bed, 3-bath property spans over 3,000 sqft and is optimized for high-yield, room-by-room leasing. Built in 1923 and sitting on a manageable 0.12-acre lot, it’s currently generating $6,800/month in gross income with month-to-month leases ranging from $600–$1,000 per room. Expenses sit at just $1,672/month, leaving strong net cash flow.
Legal Disclaimer:
This is a Wholesale Deal. The investor is not selling the property for the seller. The investor is a principal party in a valid and assignable purchase agreement which allows the investor to purchase the subject property from the seller. This purchase agreement is being offered for sale for an assignment fee to a 3rd party granting that party the opportunity to execute the purchase agreement to buy this home. The investor has the right to market the property, list the property on the MLS (Multiple Listing Service) and advertise the property on any online or offline marketing source as investor choses in order to find a prospective buyer to assign this contract to for an assignment fee. Minnesota Real Estate Investors Association, Inc. is not responsible nor will be held liable for the property or the information listed here.
Minnesota Real Estate Investors Association, Inc. is not responsible for the properties or the information listed here. Each Property is independently owned. Click on the link above to contact the Property Owner about this property.