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Wilen Real Estate

627 28th Street, Minneapolis, MN 55407

627 28th Street, Minneapolis, MN 55407

$614,900
Residential Income
N/A Beds
N/A Baths
3,529 SQFT
1,917 Year Built
0.11 Acres
No Waterfront
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!

Listed by: HomeAvenue Inc
TALK WITH AN AGENT & SCHEDULE A SHOWING

Mike Wilen
Licensed Real Estate Agent
612-400-9000
info@WilenRealEstate.com
Mike Wilen - Licensed Real Estate Agent
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