2501 Emerson Ave S, Minneapolis, MN 55405

Assumable FHA loan with $570,000 balance at 2.99%! Open house Sunday 8/24 --> adjusted time! 4pm - 530pm. A great opportunity to own a multi-family property in the Lowry Hill East / Wedge neighborhood. Great proximity to the lakes, Uptown, Downtown, 94 and 35W. Just a block from Spyhouse / Kowalskis / other restaurants on Hennepin. Photos are included in reverse order: Unit 3, Unit 2 and then Unit 1. Unit 3: Purposely vacant 1BD/1BA, rented month to month on Airbnb and Furnished Finder. Usually rented with high occupancy for $1700 - $1900 per month. Unit 2: Oversized 1BD/1BA, can also live as very small 2BD/1BA. Currently rented for $1,400. Potentially could negotiate buyout and deliver vacant. Unit 1: Purposely vacant 4BD/2BA, basement remodel / addition in 2021. Last rented for $2,400. Laundry in unit for this unit only. 3-4 offstreet parking spaces and two separate garages: a two-car garage and a one-car garage. Opportunity to add value through cosmetic renovations to kitchens and bathrooms. Texts preferred for inquiries, tours only held during posted open house hours.