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Listing Details
- $1,280,000
- MLS# 7091641
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
12-unit apartment building in Minneapolis offering a compelling value-add opportunity for the savvy investor. Unit mix consists of 11 one-bedroom units and 1 studio, providing broad rental appeal in a market with consistently strong demand for affordable, right-sized units. Building amenities include on-site laundry and a detached 10-stall garage ? a highly marketable feature that commands premium rents and drives tenant retention. Current rents offer meaningful upside through unit updates and lease-up to market rate. Solid bones, strong location, and room to grow NOI make this an ideal addition to any portfolio.
Features
- Appliances: Range, Refrigerator
- Cooling: Window Unit(s)
- Heating: Radiator
- Stories: 2.0
- Taxes: $18,601
- Water: City Water/Connected
- Year Built: 1925
Gallery
Listed By
Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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By searching Listing Data you agree to this End User License Agreement
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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