Listed By
Agency Name: Compass
Agency Phone: 952-283-0897
Shown By
Agent Name: Faye Jacobson, Broker
Agent Phone: (612) 747-7209
Agency Title: Counselor Realty
Property Description
Rare opportunity to own a cash-flowing Northeast duplex with reduced taxes (only $1,111.50!) and built-in rent growth. Ideal for both owner-occupants and investors, with a flexible layout featuring a 1-bedroom upper unit with a non-conforming 2nd bedroom in the attic and 1-bedroom main-level unit.Current rents provide solid cash flow with built-in annual increases, while the City of Minneapolis 4D program delivers meaningful tax savings for the next two years. Owner-occupants can offset their mortgage by renting one unit, while investors benefit from stable, predictable income in a high-demand Northeast location. Opportunity to increase value over time as 4D program restrictions expire.Property includes a 1-car garage and is well positioned steps from the best of Northeast. Walking distance to coffee shops (Dogwood Coffee, Spyhouse Coffee Roasters), breweries (Bauhaus Brew Labs, Earl Giles, Indeed Brewing Company, Sociable Cider Works), restaurants (Centro, Chimborazo, Sample Room, Stanley's Northeast Bar Room), and more. Walk to Logan Park and Beltrami Park, with easy access to Boom Island's riverfront trails.
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Feature Descriptions
Local Schools
671 Spring Street Ne, Minneapolis, MN 55413
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$ 2,113.65 per month $1,916.07 Principal & Interest $92.58 Property Tax $105.00 Homeowner's InsuranceChange Payment Information
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671 Spring Street Ne, Minneapolis, MN 55413
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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671 Spring Street Ne | MLS# 7094390
This multi-family property located at 671 Spring Street Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $360,000. Spring Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on fjacobson.counselorrealty.com today.