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Property Description
Excellent opportunity to acquire a 6-unit multifamily property in a convenient and established location. The building features 1 one-bedroom unit and 5 two-bedroom units, offering an attractive unit mix for investors seeking strong rental income potential.SOLD AS IS and rehab ready, providing an opportunity for an investor or owner-operator to renovate and reposition the property to maximize its income potential.Property Highlights:Street parking directly in front of the building, with an add'lparking lot located behind the building.Located just 1 block from Lyndale Avenue/busline/walkability.Approximately 3 blocks from Fairview ParkConvenient access to nearby neighborhood amenities, transportation, shopping, and services. 48 hour notice for showing. Property Management Representative will provide access 10am-3pm.
Property Features
Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Baseboard
Lot Size: 0.25 Acres
Taxes: $3,041
Year Built: 1964
Feature Descriptions
Current Use: Residential
Days on Site: 1
Foundation Size: 1776
Lot Dimensions: 48x61
Parcel#: 1502924220252
Parking: Off Site, Parking Lot
Road Frontage: City Street
Sale Includes: Building
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 6
Utilities: Heating Common, Heating Separate
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: Banneker Realty, LLC
Agency Phone: 612-338-9647
Shown By
Agency Title: Counselor Realty
Agency Phone: 612-405-8404
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620 23rd Avenue N | MLS# 7143353
This commercial property located at 620 23rd Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $184,900. 23rd Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.