$379,900
Active
29 Days Online
5 Beds2 Baths1,652 SQFT
Active

2106 University Avenue Minneapolis, MN 55418

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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

Schools

School District
Minneapolis
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,026
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