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Listing Details
- $500,000
- MLS# 6783249
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 952-927-1100
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Turnkey investment with upside potential! This cash-flowing 5+ unit apartment building delivers reliable income with historically low vacancy and strong rental demand in the area. All units are 1-bedrooms that have been updated with modern kitchens, bathrooms, and flooring?reducing maintenance costs and attracting quality tenants. A flexible studio in the basement provides additional opportunity: it was previously part of a 2BR/2BA unit and, with city approval, could become a 6th legal unit to further increase returns. Recent capital improvements include a new water heater, newer boiler, and surface parking for tenants in the back. Seller...read more
Features
- Appliances: Range, Refrigerator
- Cooling: Wall Unit(s)
- Heating: Boiler
- Stories: 3.0
- Taxes: $8,043
- Water: City Water/Connected
- Year Built: 1961
Gallery
Listed By
Agency Name: Edina Realty, Inc.
Agency Phone: 952-927-1100
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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