209 Cedar Lake Road N, Minneapolis, MN

About 209 Cedar Lake Road N

Classic Craftsman Triplex in prime Minneapolis location! Situated near Bryn Mawr Park, Utepils Taproom, and the Minneapolis Farmers Market, this well-maintained property offers easy access to downtown and steady rental demand. Unit 1 is a 2BR+den with vintage hardwood floors, a living room fireplace, and built-in bookshelves. Unit 2 is a renovated 2BR+den featuring original hardwoods and a front porch. Unit 3 is a cozy 1BR+den with a charming private patio. Each unit has separate electric and gas service. Plus each unit has their own separate basement with washer and dryer. Excellent turnkey investment opportunity in a rapidly growing neighborhood. Seller offering 1% point toward buyer’s interest rate buy-down with acceptable offer. Current rent leases as follows: Unit 3 (1BR) $1,150/mo. Unit 2 (2BR) $1,350/mo. Unit 1 (2BR) Vacant for Owner Occupy, or easily rented at $1,350/mo.

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