MLS#6428729
STATUSPending
PROPERTY TYPECommercial - Business
SUBDIVISIONJ S & W Elliots Add
SCHOOLMinneapolis
Property Description
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. CONTRACT FOR DEED TERMS AVAILABLE!The owner started out with 12 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.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Central Air
Fuel Type: Natural Gas
Heating: Forced Air
Lot Size: 0.23 Acres
Stories: 2.0
Taxes: $19,003
Year Built: 1902
Feature Descriptions
Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Basement: Finished, Full
Current Use: Residential
Days on Site: 921
Foundation Size: 2947
Handicap Accessible: Partially Wheelchair
Lot: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Lot Dimensions: 150x68
Owners Expense: Insurance, Grounds Care, Repairs, Taxes, Trash Collection
Parcel#: 2602924340049
Parking: Carport, Covered, Concrete, Paved Lot, More Parking Offsite for Fee
Sale Includes: Building, Fixture/Equipment
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 6
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Bridge Realty, LLC
Agency Phone: 952-368-0021
Shown By
Agent Name: Joel Hentges
Agent Phone: (952) 475-9541
Agency Title: Joel Hentges - Re/Max Advantage Plus
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1802 11th Avenue S | MLS# 6428729
This commercial property located at 1802 11th Avenue S, Minneapolis, MN 55404 is currently listed for sale with an asking price of $1,900,000. 11th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on jhentges.homesbyjoel.com today.