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Property Description
1900 Vincent Ave N, Minneapolis presents a compelling opportunity to acquire a well-maintained 13-unit apartment building with strong fundamentals and upside potential. Within the current owner's ownership, most major CapEx items, including the roof (2013), the boiler (2019) the water heater (2019), and windows (2018), have all been replaced. In 2024, solar panels were added to the roof, adding another income-generating feature of the building, reducing near-term maintenance concerns, and improving long-term operating efficiency. A current office/flex space offers potential for additional rental incomeas is, or the ability to convert it to another unit. 3 garages are being used by the seller, these could also be rent out.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Garage: 4
Heating: Hot Water
Lot Size: 0.41 Acres
Roof Type: Age Over 8 Years
Stories: 3.0
Taxes: $3,811
Year Built: 1963
Feature Descriptions
Appliances: Cooktop
Basement: Full
Current Use: Residential
Days on Site: 1
Foundation Size: 4512
Lot Dimensions: 123.00x143.00
Owners Expense: Heat, Sewer, Trash Collection, Water
Parcel#: 1702924130003
Parking: Covered, Open
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 13
Utilities: Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Keller Williams Premier Realty
Agency Phone: 651-379-5252
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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1900 Vincent Avenue N | MLS# 7124935
This commercial property located at 1900 Vincent Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $1,250,000. Vincent Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.