If you are in the market for a lucrative investment or a charming home to call your own, look no further than this Minneapolis duplex for sale. Located in the desirable Willard Hay neighborhood, this property offers an incredible opportunity for both investors and owner-occupiers alike.
Situated on a corner lot, this duplex boasts a prime location just across the street from North High, making it an attractive option for families and professionals. The exterior exudes a classic charm, with its well-maintained landscaping and inviting curb appeal.
One of the standout features of this duplex is the spaciousness of its units. With tall ceilings and an abundance of character, including beautiful hardwood floors and original woodwork throughout, each unit offers a sense of grandeur and sophistication. The attention to detail in preserving the historical elements of the property adds a touch of nostalgia and elegance that is hard to find in newer constructions.
In addition to its charming aesthetics, this duplex has undergone significant updates to ensure a modern and comfortable living experience. The complete rewiring ensures the safety and efficiency of the electrical systems, while newer mechanicals and windows provide peace of mind and energy savings. The property has been meticulously maintained, leaving no room for worry about potential maintenance issues.
One of the most attractive features of this Minneapolis duplex is the large 2-car garage, providing ample off-street parking for residents. This convenience is not only beneficial for the owners but also adds value to the property and increases its appeal.
Investors will be delighted to know that this duplex has immense cash flow potential. With its spacious units and desirable location, rental income is practically guaranteed. The demand for housing in this area is high, making it an ideal choice for those looking to expand their real estate portfolio.
For those seeking to occupy one unit while renting out the other, this duplex offers the perfect opportunity to generate passive income and build equity. The rental income from the second unit can significantly offset monthly mortgage payments and contribute to long-term financial stability.
In conclusion, this Minneapolis duplex for sale is a fantastic opportunity for both investors and owner-occupiers. The Willard Hay neighborhood, combined with the property’s exceptional features, including large units, beautiful character, updated amenities, and off-street parking, makes it a highly desirable investment. Whether you are looking to generate massive cash flow or find a charming place to call home, this duplex is undoubtedly worth considering.
1429 Knox Avenue N, Minneapolis, MN 55411