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Listing Details
- $2,875,000
- MLS# 7007394
- Type Commercial - Business
- Status Active
Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
Home Value Estimate
Description
Introducing a unique investment opportunity in the heart of Richfield, Minnesota! This expansive property located at 7444 Cedar Ave boasts a total of 23 units with a combined square footage of 21,840, making it an ideal investment for those looking to expand their apartment rental portfolio. The asset sits on over 0.88 acres, on a bus route, and close to the Mall of America! Prime for a re-development opportunity!Built in 1966, this very well-maintained building features a mix of 18 spacious two-bedroom units and 5 cozy one-bedroom units, providing a variety of options for potential renters. Additionally, the property includes 10 detached...read more
Features
- Appliances: Range, Refrigerator
- Cooling: Wall Unit(s)
- Heating: Boiler, Hot Water
- Stories: 3.0
- Taxes: $47,073
- Water: City Water/Connected
- Year Built: 1966
Gallery
Listed By
Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653
Shown By
Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333
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