An incredible opportunity awaits with this unique dual-property investment! This rare find includes two income-generating properties, offering multiple optionsrent 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 unitsone 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 opportunityschedule a tour today!
MLS # | 6685211 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1917 |
Days On Site | 125 |
Listing Provided By | HomeAvenue Inc | Gregory W Lawrence |
SQ Feet | 3,529 |
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Garage | 2 |
Basement | Y |
Story(s) | 2 |
Units | 3 |
Zoning | Residential-Multi-Family |
Acreage | 0.11 |
Heating | Baseboard, Boiler, Forced Air, Hot Water |
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Roof | Age 8 Years or Less |
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Construction Materials | Stucco |
Lot Features | Public Transit (w/in 6 blks), Irregular Lot, Tree Coverage - Light |
Parking Features | Detached, Insulated Garage, Parking Lot |
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Property | 8248 |
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State | MN |
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County | Hennepin |
City | Minneapolis |
Zip Code | 55407 |
Area | Phillips West |
Community Name | Auditors Sub 215 |
School District | 1 |