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$360,000
2 Beds
- 2 Baths
1,531sqft
671 Spring St Ne, Minneapolis, MN 55413
$360,000
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Duplex
Built in 1900
$-- HOA
2,242 sqft lot
$235/sq.ft
Description
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 res...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1900
HOA Fees
-
Finished Area
1,531 sqft
Lot Size
2,242 sqft lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7094390
Days on Market
33
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