4630 Jackson St NE Minneapolis, MN 55421

Listing details for 4630 Jackson St NE, Minneapolis, MN 55421 : Great investment opportunity! Presenting a remarkable duplex featuring two spacious 4-bedroom apartments, available at a price point that rivals many 1 or 2-bedroom duplexes. Currently, one unit is vacant while the other is generating rental income of $1,850 per month. Notably, PHA-approved rent for comparable 4-bedroom units exceeds $2,100 per month, offering a potential total rental income of $4,200. Historical owner expenses average approximately $1,000 per month, providing an attractive opportunity for good cash flow. This property also boasts a convenient 3-car garage, off-street parking, and laundry hookups, enhancing its appeal to prospective tenants. The duplex is well-maintained, though it experiences some water intrusion in the unfinished basement during periods of significant rainfall. Don't miss out on this exceptional investment opportunity to secure a property with strong income potential.