2524 Jackson Street Ne, Minneapolis, MN 55418

Property Description

Price improved to $674,999. A true hybrid: three of the four units were taken to high-end condition in the 2016 renovation, while the rest is upside you can see. The fourth unit is original and has been occupied by the property caretaker for 16 years. Both 1-bedrooms are large and convert easily to 2-bedrooms, and the existing 2-bedroom is the same floor plan, so the conversion is already proven in this building. The lower level has a fully finished bathroom, an egress window and its own meter, and needs a kitchen to become a fifth unit, taking the building from 7 bedrooms to as many as 10 (buyer to verify conforming use with the City). The showpiece is a two-level 3bd/2ba with its own central A/C, a loft, heated tile bath and private balcony. Rents sit under market, the 2-bedroom is being vacated and can be delivered empty, and both 1-bedrooms roll to month-to-month October 1, so a new owner has control from day one. Coin laundry, four large storage units not currently charged for, porch, deck and 8 off-street parking spots.