• Main Photo

3010 20th Avenue S
Minneapolis, MN 55407

$1,125,000

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Listing Details

  • $1,125,000
  • MLS# 7088900
  • Type Commercial - Business
  • Status Active
  • 0.180 acres
    Lot Size
  • 1960
    Year Built
  • Minneapolis
    Local Schools

Listed By

Agency Name: Commercial Investors Group LLC
Agency Phone: 612-598-0780

Shown By

Agent Name: Jeremy Fischer
Agent Phone: (701) 239-2230
Agency Title: Town & Country Realty

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Home Value Estimate


Description

11-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,125,000 ($102,273/door). Just 0.3 miles from the Lake Street/Midtown Station light rail, tenants enjoy direct access to Downtown Minneapolis and MSP Airport without a car. The property has seen numerous capital upgrades including a newer boiler, updated electric panels, and energy efficient appliances, and is part of the Minneapolis 4D program providing low taxes and free energy efficiency upgrades. Many units have already been turned with real rent upside remaining on others, creating a clear path to growth on a simple, uniform unit mix that keeps operations...read more

Features

  • Heating: Boiler
  • Stories: 2.0
  • Taxes: $3,294
  • Water: City Water/Connected
  • Year Built: 1960

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