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Listing Details
- $880,000
- MLS# 6793568
- Type Commercial - Business
- Status Pending
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property hasbeen meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an...read more
Features
- Appliances: Gas Water Heater, Range, Refrigerator
- Cooling: Wall Unit(s)
- Heating: Boiler, Hot Water
- Stories: 3.0
- Taxes: $17,526
- Water: City Water/Connected
- Year Built: 1963
Gallery
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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