Listed By
Agency Name: eXp Realty
Agency Phone: 320-500-4397
Shown By
Agency Title: Counselor Realty
Agency Phone:
Property Description
Don't miss this turnkey income-producing opportunity in the heart of Dinkytown, steps from the University of Minnesota campus. 806 and 810 6th Street SE are available together as a bundled package ? including a shared 20-space parking lot ? for a combined purchase price of $1,550,000. When fully occupied these investments have potential to produce combined annual gross income of $171,000 with additional income opportunity with parking and coin-op laundry. This is a cash-flowing asset in a market that virtually never sleeps. 806 6th Street SE is currently operating as a duplex with a clear path to triplex conversion ? a value-add play that savvy investors will immediately recognize. Paired with 810 6th Street SE, this package offers both immediate income stability and long-term growth potential in one of Minneapolis's most recession-resistant rental corridors. Please note that the sale of 806 will occur concurrently with 810 6th Street SE (MLS 7068805)
Property Features
Feature Descriptions
Local Schools
806 6th Street Se, Minneapolis, MN 55414
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Estimated Payment
$ 4,304.72 per month $3,192.92 Principal & Interest $936.83 Property Tax $174.97 Homeowner's InsuranceChange Payment Information
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806 6th Street Se, Minneapolis, MN 55414
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806 6th Street Se, Minneapolis, MN 55414.
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806 6th Street Se | MLS# 7068739
This multi-family property located at 806 6th Street Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $599,900. 6th Street Se is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.