Listing Courtesy of: Steven Pierce - Bridge Realty, LLC 952-368-0021
$1,995,000 affordable loan icon Calculate Payment

1802 11th Avenue S Minneapolis, MN 55404

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Apartment Residence
Beds
Baths
8,000 Sq. Ft.

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Last updated on 9/24/2024 6:09 AM
THIS IS BASICALLY A BRAND NEW BUILDING WITH A BEAUTIFUL BROWNSTONE SHELL ! A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. The owner started out with 1...2 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000. It is very energy efficient; it was insulted with spray foam and has solar panels. Loan assumption on a low interest rate loan of about one million is available. Continue reading
MLS#
6428729
Property Type
Apartment
Year Built
1902
Square Feet
8,000 sq. ft
Stories
2.0
Sewer
City Sewer

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Listing Courtesy of: Steven Pierce - Bridge Realty, LLC 952-368-0021

Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2024, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved

This content last refreshed on 9/24/2024 6:09 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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