N Aldrich Ave

Minneapolis, MN 55411

Minneapolis, MN 55411

Created:

Property Photos, Rent Roll, Lease Agreement

Fully Rented Duplex – 5 Rooms Generating $1,000 Each in North Minneapolis

Asking Price$ 550,000

Buyer Commission2.5 – 3%

Gross Monthly Income$ 5,000

Monthly Expense$ 1,200

Property Type1 Unit (SFR)

Building Size (sq ft)1,808

Lot Size Ac / Sq Ft0.12 / 5,227

# of Units2

# of Stories2

ZoningR2B – Two-Family Residential

ConditionValue-Add, Stabilized

OccupancyLeased

UrgencyMust Sell (30 days or less)

Projected NOI$ 46,000

Estimated Resale Price$ 550,000

Pro Forma Cap Rate8.00%

Kenneth

LLC Partner / Member