UNIVERSITY OF MINNESOTA DUPLEX AKA "GOPHER HOUSE" 1042 unit has 5 bedrooms and 1 bath with large kitchen, 2 decks, living room, and large laundry room utility room 1040 unit has 4 bedrooms and 2 bathrooms with large deck, large kitchen, dining room, family room and large laundry room GROSS INCOME ANNUALLY $59,050 NET INCOME ANNUALLY $45,792 on a $549,000 purchase price that is a 8.3% CAP rate!!!!!!!!!!!!!!! Large backyard with firepit. Either run this duplex at the U of M OR bulldoze and build a new multiplex on the large lot at the U of M. OPPORTUNITY ZONE! 2.5 STORIES AND MULTI UNIT POSSIBLE
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Listing information last updated on October 16th, 2019 at 5:35am CDT.