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8311 Excelsior Boulevard
Hopkins, MN 55343

$875,000

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Listing Details

  • $875,000
  • MLS# 7039259
  • Type Commercial - Business
  • Status Active
  • 0.200 acres
    Lot Size
  • 1958
    Year Built
  • Hopkins
    Local Schools

Listed By

Agency Name: RE/MAX Results
Agency Phone: 612-314-1520

Shown By

Agency Title: Town & Country Realty
Agency Phone: (701) 293-3333

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Home Value Estimate


Description

Don't miss this turnkey, fully leased seven-unit apartment building on Excelsior Blvd in Hopkins ? one of the most accessible and tenant-friendly corridors in the western suburbs. All seven units are one-bedrooms, which means consistent tenant profiles, straightforward management/maintenance, and no complex infrastructure to worry about. New boiler and newer driveway mean the major capital items are already done. This is a running operation, not a renovation project.The price per unit is in line with what buyers are currently paying for 2-4 unit buildings in Hopkins. Seven doors for the cost of four is a rare find in this market, and it makes...read more

Features

  • Appliances: Range, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Hot Water
  • Taxes: $11,680
  • Water: City Water/Connected
  • Year Built: 1958

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