2106 University Avenue Minneapolis, MN 55418
Currently operated as a licensed sober house, the price and location of this home makes it a MUST SEE. The current license allows for up to 7 residents at a time and when fully occupied, this home brings in approximately $5, 000 per month in gross revenue. With updated mechanicals, a completely renovated interior within the last few years, 5 bedrooms, 2 baths, on-site laundry, a fenced in yard, 2 car detached garage and located directly on the bus line, this investment opportunity is hard to beat. The owners work with a nearby treatment center to ensure low vacancy rates and high cash flow. If you currently own a sober house and are looking to add another, or if you would like to add this type of investment to your portfolio, set up your showing today!
- Property TypeSingle Family Home
- NeighborhoodMurdoughs Rgt Bottineaus 2nd
- CountyHennepin
- Taxes$2,010
- HOA/Condo/Coop Fees$0
- Days on Site29 Days
- MLS StatusActive
- MLS ID Number6522332
- Home Size Source N/A
- Year Built1900
- Lot Size0.1 Acres
- Full Baths1
- Partial Baths1
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General Features
- Construction Vinyl Siding
- Parking Detached
- Electric Circuit Breakers100 Amp Service
- Basement Full
- Number of Stories 2
- Zoning Residential-Single Family
- Property Sub Type Single Family Residence
- Garage Spaces 2
- Contingency None
- Sewer City Sewer/ Connected
- Water City Water/ Connected
- Lot Features Tree Coverage - Light
Interior Features
- Cooling Central Air
- Heating Forced Air
- Appliances DishwasherDryerMicrowaveRangeRefrigeratorWasher
- Fireplaces 0
- Fireplace No
Exterior Features
- Roof Asphalt
- Fencing Full
- Lot Tree Coverage - Light
- Road Frontage City Street
- Construction Details Vinyl Siding
Community Features
- Association Dues 0