About 2106 University Avenue Ne
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!
Features of 2106 University Avenue Ne
MLS® # | 6522332 |
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Price | $379,900 |
Bedrooms | 5 |
Bathrooms | 2.00 |
Full Baths | 1 |
Square Footage | 1,652 |
Acres | 0.10 |
Year Built | 1900 |
Type | Residential |
Sub-Type | Single Family Residence |
Style | Single Family Residence |
Status | Active |
Community Information
Address | 2106 University Avenue Ne |
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Area | Bottineau |
Subdivision | Murdoughs Rgt Bottineaus 2nd |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55418 |
Amenities
# of Garages | 2 |
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Garages | Detached |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer |
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Heating | Forced Air |
Cooling | Central Air |
Fireplace | No |
Exterior
Lot Description | Tree Coverage - Light |
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Roof | Asphalt |
Construction | Vinyl Siding |
School Information
District | Minneapolis |
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Additional Information
Days on Market | 30 |
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Zoning | Residential-Single Family |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | Keller Williams Integrity Realty |
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