2501 Emerson Ave S, Minneapolis, MN 55405

Price drop! Next open house on Sunday 12/14 from 1-3pm. Assumable FHA loan with approximately $560,000 balance at 2.99%! 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 - $1800 per month. Unit 2: Oversized 1BD/1BA, can also live as very small 2BD/1BA. Currently rented for $1,300. Potentially could negotiate buyout and deliver vacant. Unit 1: 4BD/2BA, basement remodel / addition in 2021, rented for $2,450. Laundry in unit for this unit only. Five total off-street parking spaces: a one-car garage, a two-car arage and three uncovered driveway spaces. Opportunity to add value through cosmetic renovations to kitchens and bathrooms. Texts preferred for inquiries, tours only held during posted open house hours.