1802 11TH AVENUE

1802 11th Avenue, Minneapolis, 55404, MN

FEATURES

DETAILS

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.

INTERIOR

  • 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:

EXTERIOR

  • Air Conditioning: Central Air

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 2947ft²

  • Unit Amenities:

    • In-Ground Sprinkler
    • City View
    • Ethernet Wired
  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 150x68

  • Longitude: 44.965

  • Latitude: -93.2586

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2023

  • Tax annual amount: $18,217

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7279895

  • Listing Brokerage: Bridge Realty, LLC Agency Icon

ID: 2289682
Published: September 06, 2023
Last Update: September 06, 2023
Views: 83