627 E 28th Street

Minneapolis, MN 55407

About this property

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!

About this property

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!

Features and Additional Information

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$614,900 Active
3,529 SqFt

Presented By Coldwell Banker Crown Bemidji

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Get in touch today! Phone: 1-218-444-2118
Brokerage
HomeAvenue Inc
1-952-929-7355
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Area Information

Phillips West | Hennepin County | Auditors Sub 215

$ 614,900
This listing is play_arrow 99.0% higher than the average in the area
$ 308,949 in the area
3,529 SqFt
This listing is play_arrow 23.2% larger than the average in the area
2,865 SqFt in the area
$ 174 $/SqFt
This listing is play_arrow 98.4% more than the average in the area
$ 88 $/SqFt in the area
122 days on site
This listing is play_arrow 96.8% above the average in the area
62 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
    Minneapolis
Listed By Gregory W Lawrence
Brokerage: HomeAvenue Inc

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