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810 6th Street Se, Minneapolis, MN 55414

New - 40 Hours Ago

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Listed By

Agency Name: eXp Realty
Agency Phone: 320-500-4397

Shown By

Agency Title: Counselor Realty
Agency Phone:

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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 806 6th Street SE (MLS 7068739)

810 6th Street Se | MLS# 7068805

This multi-family property located at 810 6th Street Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $949,900. 6th Street Se is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Other
Heating: Hot Water
Lot Size: 0.13 Acres
Taxes: $13,050
Year Built: 1902

Feature Descriptions

Days on Site: 1
Foundation Size: 1638
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 33x165
Owners Expense: Electricity, Gas, Heat, Hot Water, Insurance, Repairs, Sewer, See Remarks, Trash Collection, Water
Parcel#: 2402924230033
Parking: Parking Lot, Paved Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 3
Water: City Water/Connected

Local Schools

School District: Minneapolis

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Estimated Payment

$ 6,420.32 per month $5,055.77 Principal & Interest $1,087.50 Property Tax $277.05 Homeowner's Insurance

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