Property Description
Beautiful maintained 22- unit multifamily property with many capital improvements, tastefully done units and hallways, a new roof. The property is part of the 4d Affordable Housing Incentive Program, resulting in a reduction in the property taxes, enhancing cash flow. A very healthy rental property with its proximity to Downtown Minneapolis, major transit routes, bus lines, hospitals, and community facilities, parks, bike trails. Phenomenal opportunity to add this income-producing asset to your portfolio.
Property Features
Property Type: Commercial - Business
Cooling: Wall Unit(s)
Fuel Type: Natural Gas
Heating: Boiler
Lot Size: 0.27 Acres
Stories: 3.0
Taxes: $6,780
Year Built: 1959
Feature Descriptions
Current Use: Residential
Days on Site: 86
Foundation Size: 5100
Lot Dimensions: 75x160
Parcel#: 3502924220011
Parking: Parking Lot
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Units: 22
Utilities: Electric Separate
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-698-8006
Shown By
Agent Name: Brent Bartel, Broker
Agent Phone: (651) 461-3001
Agency Title: Counselor Realty
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2110 Park Avenue | MLS# 7126151
This commercial property located at 2110 Park Avenue, Minneapolis, MN 55404 is currently listed for sale with an asking price of $2,068,000. Park Avenue is located within the Minneapolis school district. Search Minneapolis real estate on www.thebartelgroup.com today.