1639 Russell Avenue N, Minneapolis, MN

1639 Russell Avenue N, Minneapolis, MN, USA

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Diện tích đất

686 m²

Location

Minnesota

Description

This charming up/down duplex in North Minneapolis is a prime investment opportunity with a strong rental history and a Tier 1 rental license. It's also a great option for an owner-occupant, allowing you to live in one unit while the tenant helps pay toward your investment. Both units feature remodeled bathrooms with newer windows, updated kitchens with stainless steel ranges and refrigerators, and original hardwood floors that enhance the home's classic appeal. Beautiful built-in hutches provide additional charm and functional storage. Recent upgrades include new exterior paint in 2024 and a roof replacement around 2011. Each unit has separate electric and boiler systems, while the owner covers trash, water, and sewer. The coin-operated laundry in the basement offers additional income potential. This property generated $1,575 per month for the main level and $1,500 per month for the upper unit, totaling $3,075 in rental income. With consistent cash flow, modern updates, timeless character, and a top-tier rental license, this duplex is a fantastic opportunity for investors or owner-occupants alike. Schedule your showing today!