2109 Aldrich Ave S

Minneapolis, MN 55405

Part of multiple portfolios

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15 bd, 10.5 ba | 2,100 sqft | Built in 2020

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For Sale

Exclusive

List Price
$1,650,000

Initial Investment

$449,625

$

about the purchase process.
Features

Occupancy

Vacant

Property Type

Triplex

Lot Size

5,663

HOA

None

Flood Risk

Not Required

  • Unit 1 & 3 are currently vacant, unit 2 is occupied has a pet fee included in monthly rent of $50, unit 2 has a garage fee included in monthly rent of $160
  • Most of the neighborhood is residential, with everything from historic apartment buildings to large single-family homes lining the streets. The extensive network of tree-shaded sidewalks make it simple to reach your favorite café or neighborhood pub on foot, and Downtown is easily within biking distance. With the abundance of parks and lakes surrounding the neighborhood.
  • Learn more about Minneapolis here
See more in Analysis

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Annual Financial Highlights

Expected Rent

$108,756

Expenses

-$19,393

Property Taxes

-$23,100

Loan Payments

-$70,896

Net Cash Flow

-$4,633

See more in Financials

Property Characteristics

Inspection Contingency

This home will be inspected after the offer is accepted and prior to closing, during which time you can negotiate price or repairs based on the inspector's findings or cancel the contract.
  • This property will be professionally inspected before closing.
  • You'll have the opportunity to negotiate a lower price or repairs if any issues are identified during the inspection process.
  • Your earnest money deposit will be refunded if you cancel the transaction before the inspection contingency termination date.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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