Price Reduced - Fully leased with nearly an 8% Cap Rate! Several units were just renovated. Bring all offers to this 7-Unit Multifamily Building For Sale near the Lakes in South Minneapolis! Renovated & huge 3+ bedroom, 1,300+ square foot units. Beautiful hardwood floors, 3 season porches, exposed brick & great natural light throughout. Rear room off the kitchen could be a 4th bedroom, dining room, or office. One legal and large garden level unit. Total building size of about 10,800 square feet. Coin-Op laundry in the basement with one washer and one dryer.
Tenants pay all utilities and each unit has new separately metered high efficiency gas boilers for hot water baseboard heat. 5 off-street parking stalls for additional income.
Contact Listing Brokers for tours and rent roll/expenses.