Minneapolis, MN 55414
$1,100,000
Seller is open to creative financing options, including financing some or all of the buyer’s down payment. Flexible terms and structures will be considered for a qualified buyer. All five units are currently leased, generating immediate income. Unit #101 is leased month-to-month, offering the potential for owner occupancy or repositioning while maintaining stable cash flow from the remaining units. New roof (2018), all-new HVAC systems (2023–2026), new lobby flooring (2025), and new tenant storage lockers (2025) reduce near-term capital expenditure needs. Estimated market rents indicate approximately $29,196 in additional annual rental income (+29.2%). Three units have already been renovated, one is partially updated, and one remains in original condition, providing a clear path to increased cash flow and value. Buyer and Buyer's Agent to verify square footage.
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Listed by Adam Hunt, Fuze Real Estate