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Commercial - Minneapolis, MN

Check out this fully stabilized, 11-unit multifamily building in South Minneapolis. This property hasbeen meticulously cared for by the owners for 25 years. Historic 99% occupancy with high-quality long-term tenants in place. Easy value add through rent bumps without having to take on any rehab. The building operates efficiently without third-party management, due to incredible caretakers. Recent upgrades include a new roof and resealed windows (2023), plus modern interior updates in over half the units, including renovated bathrooms and flooring. Each unit is separately metered with 11 off-street parking spaces for tenants. Located in an Opportunity Zone with lots of ongoing developments throughout the neighborhood.

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Keller Williams Premier Realty

Woodbury, MN

(651) 379-5252

James Faillettaz

Keller Williams Premier Realty
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Is this your property? Sell it faster with premium placement and targeted ads.