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Listing Details
- $1,225,000
- MLS# 7088925
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Commercial Investors Group LLC
Agency Phone: 612-598-0780
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
12-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,225,000 ($102,083/door). This two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The property has been steadily upgraded with newer electric panels, a new front concrete stoop, and many units remodeled. Part of the Minneapolis 4D program providing low taxes and energy saving appliance upgrades. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Potential NOI of $97,662 with clear value-add...read more
Features
- Heating: Boiler
- Stories: 2.0
- Taxes: $7,578
- Water: City Water/Connected
- Year Built: 1962
Gallery
Listed By
Agency Name: Commercial Investors Group LLC
Agency Phone: 612-598-0780
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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