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
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 April 2nd, 2020 at 6:06pm CDT.