10 Beds
6 Baths
4,356 Sqft Lot
10 Beds
6 Baths
4,356 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Libbys Add
MLS Listing ID 6770334
Bedrooms 10
Year Built 1960
Annual Tax Amount $11,051
Tax Year 2025
Contingent None
Lot Size 4,356 Sqft
Lot Dimensions 60X70
Property Description
Too many updates to list, see the supplements for a full list of improvements. New high efficiency boiler/hot water heater combi unit along with many new energy efficient appliances account for the extremely low operating cost as seen in the financials. Run your own numbers, but current rents and actual expenses have the building at over an 8 cap, with aggressive rents pushing it higher. Schedule your showing today, and add this cash flowing asset to your portfolio!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Baseboard, Boiler
Cooling Wall Unit(s)
Flooring Wood
Inclusions Building
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Asphalt
Present Use Residential
Building
Foundation 1960
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Minneapolis
Nearby Locations
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REALTOR® | Lic# 41018409