806 6th Street Se, Minneapolis, MN

$599,900

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8

Beds

3

Baths

3,336

Square feet

0.13

Acres

About 806 6th Street Se

Don't miss this turnkey income-producing opportunity in the heart of Dinkytown, steps from the University of Minnesota campus. 806 and 810 6th Street SE are available together as a bundled package — including a shared 20-space parking lot — for a combined purchase price of $1,550,000. When fully occupied these investments have potential to produce combined annual gross income of $171,000 with additional income opportunity with parking and coin-op laundry. This is a cash-flowing asset in a market that virtually never sleeps. 806 6th Street SE is currently operating as a duplex with a clear path to triplex conversion — a value-add play that savvy investors will immediately recognize. Paired with 810 6th Street SE, this package offers both immediate income stability and long-term growth potential in one of Minneapolis's most recession-resistant rental corridors. Please note that the sale of 806 will occur concurrently with 810 6th Street SE (MLS 7068805)

Features of 806 6th Street Se

MLS® # 7068739
Price $599,900
Bedrooms 8
Bathrooms 3.00
Square Footage 3,336
Acres 0.13
Year Built 1902
Type Residential Income
Sub-Type Duplex Up and Down
Status Active

Community Information

Address 806 6th Street Se
Area 50
Subdivision Mill Cos Add To St Anthony Falls
City Minneapolis
County Hennepin
State MN
Zip Code 55414

Amenities

Parking Parking Lot, Paved Lot
Is Waterfront No
Has Pool No
Pool None

Interior

Heating Hot Water
Fireplace No

Exterior

Exterior Features Wood
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

School Information

District Minneapolis

Additional Information

Days on Market 68
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $11,243

Listing Details

OfficeeXp Realty

Listing Map

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