4BR Home in Minneapolis , MN

About This Property

🏠 NE Minneapolis Duplex – Multiple Ways to Buy Well-located up/down duplex in a strong NE pocket. Solid long-term hold with meaningful upside. 🔢 Property Snapshot * Duplex: 4 bed / 2 bath * ~1,750 sq ft * Separate utilities * 1 occupied unit at 1510/month, 1 vacant unit * Market rents ≈ Contact for details/unit (Contact for details total) 💰 BUY OPTIONS Option 1: Subject-To Existing FHA Loan * Contact for details down * Take over existing FHA loan at 2.8% * Current payment ≈ Contact for details/mo * ~ 312k loan balance Option 2: Cash / New Loan * $425,000 purchase price * Clean exit for seller * Ideal for buyer wanting full control Option 3: Hybrid (Lower Down + Seller Carry) * Lower down payment * Small seller carry with monthly payments * Flexible terms — let’s structure it to work for both sides 📈 VALUE & UPSIDE (COMPS) Recent NE duplex sales support strong * 3014 California St NE – sold $390K 3/2 duplex · 1,592 sq ft * 2943 California St NE – sold $455K 4/2 duplex · 1,928 sq ft 🧾 TAX ADVANTAGE – HUGE OPPORTUNITY Property may qualify for the Minneapolis 4D Affordable Housing Program: * Up to ~40% reduction in property taxes, which would be MASSIVE for this property * Massive impact on * Buyer to apply after acquisition (This is a game-changer for this deal.) Send me a message if there’s interest and we can work out a win-win deal!

Features & Highlights