1500 10th Avenue S, Minneapolis, MN 55404
sale
$1,300,000
|
Other
Courtesy Of JCB Associates Inc.
Exceptional investment opportunity in high-demand Elliot Park! This well maintained 12-unit apartment building features spacious one bedroom, one bath units with generous living areas, several of which have been tastefully remodeled. Located just minutes from downtown Minneapolis, the property enjoys a highly walkable location with excellent access to public transit. Close to parks, universities, shopping, and dining. Strong rental history units are always occupied and lease quickly in this high-demand area.
Current rents are below market, offering significant upside potential for the next owner.
A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.
Current rents are below market, offering significant upside potential for the next owner.
A standout feature: one of the few buildings in the area with a large off-street parking lot accommodating one car per unit, a major draw for tenants. Solid cash flow today with room to grow.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Heating System: Baseboard
- Legal Description: LOT 017 BLOCK 011 J S & W ELLIOTS ADDN TO MPLS
- MLSID: 7090913
- Rooms: Bedroom 1
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