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Listing Details
- $1,250,000
- MLS# 7088981
- 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 - Commercial Division
Agency Phone: 701-239-2250
Home Value Estimate
Description
11-unit all 1BR/1BA multifamily in Minneapolis's Powderhorn Park neighborhood offered at $1,250,000 ($113,636/door). Less than a block from Powderhorn Park's 66 acres of green space, lake, tennis courts, playgrounds, and recreation center, the property sits in one of the most tenant-friendly locations in the submarket. Recent capital upgrades include newer windows, updated electric panels, a newer boiler, and many units renovated within the last few years. The property is part of the Minneapolis 4D program providing low taxes and has received numerous new appliances through energy efficiency programs. Stable in-place cash flow with a potential...read more
Features
- Heating: Boiler
- Stories: 2.0
- Taxes: $8,318
- Water: City Water/Connected
- Year Built: 1960
Gallery
Listed By
Agency Name: Commercial Investors Group LLC
Agency Phone: 612-598-0780
Shown By
Agency Title: Town & Country Realty - Commercial Division
Agency Phone: 701-239-2250
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