627 28TH STREET
627 28th Street, Minneapolis, 55407, MN
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Price: $614,900
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Phillips West
Bedrooms: 0
Property Size :3529
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Listing Agent: NST15469,NST87520
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Property type : Other
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Zip code: 55407
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Street: 627 28th Street
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Street: 627 28th Street
Bathrooms: N/A
Year: 1917
Listing Brokerage: Home Avenue - Agent
DETAILS
An incredible opportunity awaits with this unique dual-property investment! This rare find includes two income-generating properties, offering multiple options—rent both for maximum returns or live in one while leasing the other to offset ownership costs. 2801 Oakland Ave (Zoned R5) is a beautifully updated single-family home featuring 4 bedrooms and 2 baths with modern renovations throughout. The kitchen, bathrooms, and flooring have been completely updated, while vinyl-clad replacement windows and a brand-new roof (6 months old) add long-term value. Each bedroom is equipped with electronically operated key access, adding to the ease of managing short-term rentals. The lower-level bedroom can easily serve as a family room or flex space. 627 E. 28th Street is a multi-family property with two updated 1-bedroom, 1-bath units—one on each level. Both kitchens and bathrooms have been fully renovated. Also, the unit features refurbished windows, window treatments, a new boiler, and a new roof enhancing efficiency and appeal. Both properties are turn-key and income-producing, with a proven track record of long-term and short-term rental success. Furniture is available for purchase. Additional highlights include a shared 2-car detached garage plus extra parking lot space. Whether you're an investor seeking strong rental income or a homeowner looking to supplement your mortgage, this versatile property is a must-see! Don’t miss out on this exceptional investment opportunity—schedule a tour today!
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: 3529 ft²
Below Ground Living: 461ft²
Bathrooms: N/A
Above Ground Living: 3068ft²
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Basement Details: Finished, Storage/Locker, Storage Space, Unfinished,
Appliances Included:
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EXTERIOR
Air Conditioning: N/A
Garage Spaces: 2
Construction Materials: N/A
Foundation Size: 1506ft²
Unit Amenities:
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Heating System:
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- Hot Water
- Forced Air
- Baseboard
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 114 x 41
Longitude: 44.9518
Latitude: -93.2661
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2024
Tax annual amount: $8,248
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADITIONAL INFORMATION
MLS#: NST7712652
Listing Brokerage: Home Avenue - Agent
ID: 3499477
Published: March 14, 2025
Last Update: March 14, 2025
Views: 1
