1802 11th Avenue S, Minneapolis, MN

$1,900,000

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0.23

Acres

About 1802 11th Avenue S

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. CONTRACT FOR DEED TERMS AVAILABLE! 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.

Features of 1802 11th Avenue S

MLS® # 6428729
Price $1,900,000
Bathrooms 0.00
Acres 0.23
Year Built 1902
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 1802 11th Avenue S
Area Ventura Village
Subdivision J S & W Elliots Add
City Minneapolis
County Hennepin
State MN
Zip Code 55404

Amenities

Amenities Common Garden, Patio, Security
Garages Carport, Covered, Concrete, Paved, More Parking Offsite for Fee
View City Lights
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Heating Forced Air
Cooling Central Air
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 507
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $19,003

Listing Details

OfficeBridge Realty, LLC

Listing Map

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