About 629 Oak Street Se
Discover an exceptional front-to-back multi-level duplex nestled in the vibrant heart of Stadium Village at the University of Minnesota! This renovated property, features a rear addition completed in 2010, and offers the perfect blend of modern comfort and student-friendly living. Each of the spacious units boasts 5 inviting bedrooms, 1.75 stylish baths, and private decks perfect for relaxation. Enjoy the convenience of in-unit laundry, separate mechanical systems, and the added perk of a detached 1-car garage and 2 additional off-street parking spaces! The front unit (#1) is currently occupied and generates a robust rental income of $3,075/month, with a lease secured through 8/26/26. The rear unit (#2) is vacant and commanded a rent of $3,820/month. The seller covers the water, sewer, and trash bills, while charging tenants a modest reimbursement fee of $25 per tenant per month for these essential utilities. This property stands out as a premier investment opportunity for student housing, making it an invaluable addition to any real estate portfolio. Don’t miss out on this remarkable chance to invest in a thriving community!
Features of 629 Oak Street Se
| MLS® # | 6704262 |
|---|---|
| Price | $765,000 |
| Bathrooms | 0.00 |
| Square Footage | 2,679 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Other |
| Style | Other |
| Status | Active |
Community Information
| Address | 629 Oak Street Se |
|---|---|
| Area | Prospect Park - East River Road |
| Subdivision | Meeker Island Land & Power Co Add Rev |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55414 |
Amenities
| # of Garages | 1 |
|---|---|
| Garages | Assigned, Detached, Asphalt, Open |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Public Transit (w/in 6 blks), Many Trees |
|---|---|
| Roof | Age Over 8 Years, Asphalt |
| Construction | Vinyl Siding |
School Information
| District | Minneapolis |
|---|
Additional Information
| Days on Market | 178 |
|---|---|
| Zoning | Residential-Multi-Family |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Coldwell Banker Realty |
|---|