4849 5th Street Ne, Columbia Heights, MN 55421

Property Description

Excellent opportunity to add a strong investment property to your portfolio, with the added flexibility for owner-occupancy. Conveniently located near McKenna Park with quick access to University Avenue and I-694, this duplex offers excellent rental appeal in a highly accessible location.Both units feature the same functional floor plan in a mirrored layout, each with a tuck-under garage and a spacious lower-level storage/utility room for added convenience. For value-add investors, there is potential to finish the lower level, increase usable square footage, and possibly boost rental income.The property has seen more than $28,000 in improvements over the past year, including a new roof and new electrical panels and service. Fully rented with month-to-month leases and long-term tenants already in place, this is a solid opportunity for both investors and owner-occupants.