About 627 E 28th Street
An incredible opportunity awaits with this unique dual-property investment! This rare find includes two income-generating properties, offering multiple options—rent both for maximum returns or live in one while leasing the other to offset ownership costs. 2801 Oakland Ave (Zoned R5) is a beautifully updated single-family home featuring 4 bedrooms and 2 baths with modern renovations throughout. The kitchen, bathrooms, and flooring have been completely updated, while vinyl-clad replacement windows and a brand-new roof (6 months old) add long-term value. Each bedroom is equipped with electronically operated key access, adding to the ease of managing short-term rentals. The lower-level bedroom can easily serve as a family room or flex space. 627 E. 28th Street is a multi-family property with two updated 1-bedroom, 1-bath units—one on each level. Both kitchens and bathrooms have been fully renovated. Also, the unit features refurbished windows, window treatments, a new boiler, and a new roof enhancing efficiency and appeal. Both properties are turn-key and income-producing, with a proven track record of long-term and short-term rental success. Furniture is available for purchase. Additional highlights include a shared 2-car detached garage plus extra parking lot space. Whether you're an investor seeking strong rental income or a homeowner looking to supplement your mortgage, this versatile property is a must-see! Don’t miss out on this exceptional investment opportunity—schedule a tour today!
Features of 627 E 28th Street
MLS® # | 6685211 |
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Price | $614,900 |
Bathrooms | 0.00 |
Square Footage | 3,529 |
Acres | 0.11 |
Year Built | 1917 |
Type | Residential Income |
Sub-Type | Other |
Style | Other |
Status | Active |
Community Information
Address | 627 E 28th Street |
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Area | Phillips West |
Subdivision | Auditors Sub 215 |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55407 |
Amenities
Amenities | Common Laundry |
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# of Garages | 2 |
Garages | Detached, Insulated Garage, Parking Lot |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Baseboard, Boiler, Forced Air, Hot Water |
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Fireplace | No |
Exterior
Lot Description | Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light |
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Roof | Age 8 Years or Less |
Construction | Stucco |
School Information
District | Minneapolis |
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Additional Information
Days on Market | 37 |
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Zoning | Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | HomeAvenue Inc |
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