3420 Bloomington Avenue
Minneapolis, MN 55407

$675,000

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Listing Details

$675,000
MLS# 7168478
Type Commercial - Business
Status Active

6,600
Square Feet
0.140 acres
Lot Size
1961
Year Built
Minneapolis
Local Schools

MAP LISTING SHARE

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agent Name: Bobbi Solien
Agent Phone: (701) 866-9583
Agency Title: Town & Country Realty

Home Value Estimate

Description

Spectacular six-unit apartment complex with large units and a mix of four two-bedroom and two one-bedroom floorplans. Three story all-brick exterior, sitting on 0.14+ acres with an off street parking lot. 100% fully rented with on-site coin operated laundry and a newer water heater and high efficiency boiler. Average one-bedroom rents are $1,100 and two-bedroom at $1,300. This asset is centrally located next to Powderhorn Park and a stabilized in-place cap rate of 7.67% along with a 7.40 gross multiplier

Features

Appliances: Range, Refrigerator
Cooling: Wall Unit(s)
Heating: Boiler, Hot Water
Stories: 3.0
Taxes: $14,699
Water: City Water/Connected
Year Built: 1961

Gallery

Listed By

Agency Name: Apartment Cash Flow, Inc.
Agency Phone: 651-263-3653

Shown By

Agent Name: Bobbi Solien
Agent Phone: (701) 866-9583
Agency Title: Town & Country Realty

Bobbi Solien Office: (701) 239-2203 Cell: (701) 866-9583 Bobbi Solien: (701) 866-9583 Email Me

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3420 Bloomington Avenue Minneapolis, MN 55407