Steven Hicks
(701) 239-2232
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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
Agent Name: Steven Hicks
Agent Phone: (701) 239-2232
Agency Title: Town & Country Realty
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
Agent Name: Steven Hicks
Agent Phone: (701) 239-2232
Agency Title: Town & Country Realty
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