MN > Minneapolis > Oak Park Add
Minneapolis, MN 55411,1016 Newton AVE N
Minneapolis, MN 55411,1016 Newton AVE N
Minneapolis, MN 55411,1016 Newton AVE N
Minneapolis, MN 55411,1016 Newton AVE N
Minneapolis, MN 55411,1016 Newton AVE N
Minneapolis, MN 55411,1016 Newton AVE N
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Mark Johnson

Mark Johnson

+1(612) 597-8073
$ 615,000
Est. payment | /mo

4,196 SqFt

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$ 615,000
Est. payment | /mo
Save

4,196 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,196 sqft

Price per Sqft $146

Subdivision Oak Park Add

MLS Listing ID 6653644

Year Built 1921

Tax Year 2024

Contingent None

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 42.05x126.8

Property Sub-Type Quadruplex

Property Description

Massive hard to find Cash flowing 4 unit building featuring 12 beds and 4 baths in Near North, perfect for the owner occupier to supplement living expenses or the investor alike with the building's fully occupied rent total potential sitting right around $100,000 annually. This building went through a significant remodel in 2020. All 4 units feature nice updated eat in kitchens with stone countertops, 3 nice sized bedrooms, updated baths, and more. Each unit also has separate utilities and furnaces and there is a large parking area out back for off street parking.

Location

State MN

County Hennepin

Rooms

Basement Block

Interior

Heating Forced Air

Fireplace No

Building

Story Two

Foundation 2112

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Stucco

New Construction false

Schools

School District Minneapolis

Listed by Todd Ginsberg • RE/MAX Results
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"Thanks for reaching out to The Johnson Group!  We're here to guide you and provide all the real estate info you need along the way.  Your dream home might be just a click away, and we're delighted to be a part of your real estate adventure! "

+1(612) 597-8073

mrjohnson@cbburnet.com

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