$ 459,950
-
$459,950
Price -
6
Bed -
4
Bath -
2,688
SqFt -
0.12
Acre
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About the Listing 11311 - 506012579
Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring ’20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal. Unit 1 - 672 sqft (1BR/1BA) – $1,000 Unit 2 - 588 sqft (1BR/1BA) – $950 Unit 3 - 672 sqft (2BR/1BA) – $1,050 Unit 4 - 588 sqft (2BR/1BA) – $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026 Boiler: New in 2013 Plumbing: Supply lines, PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500
Listing Highlights
Interior Details
- Bedrooms: 6
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Radiator,Radiant,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2688
- Basement: Block
- Other:
- Water: City Water - In Street
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: 5 car
- Lot Dimensions: 39.30 X 131.00
- Roof: Flat
- Others:
- Sewer: City Sewer - In Street
- Parking Features: Detached Garage
Financial Details
- Tax Amount: $8,571
- Taxes w/Assessments: N/A
- Tax/Property ID: 1302924340007
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
456 Buchanan St NE Minneapolis, MN 55413
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