1802 11th Avenue, Minneapolis, 55404, MN
Price: $1,995,000
Status type: For Sale
City: Minneapolis
Neighborhood: Ventura Village
Bedrooms: 0
Property Size :0
Listing Agent: NST10402,NST54011
Property type : Apartment
Zip code: 55404
Street: 1802 11th Avenue
Street: 1802 11th Avenue
Bathrooms: N/A
Year: 1902
Listing Brokerage: Bridge Realty, LLC
THIS IS BASICALLY A BRAND NEW BUILDING WITH A BEAUTIFUL BROWNSTONE SHELL ! A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. The owner started out with 12 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000. It is very energy efficient; it was insulted with spray foam and has solar panels. Loan assumption on a low interest rate loan of about one million is available.
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: Finished, Full,
Appliances Included:
Air Conditioning: Central Air
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2947ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 150x68
Longitude: 44.965
Latitude: -93.2586
Zoning: Residential-Multi-Family
Tax year: 2023
Tax annual amount: $18,217
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7279895
Listing Brokerage: Bridge Realty, LLC