1804 16Th AveMinneapolis, MN 55404

Property Details for 1804 16Th Ave

Year built

1889

Lot size

0.17 AC

Property size (Sq ft)

6,585 SF

Property type

Apartment buildings

Description

This exceptional investment opportunity presents a five-unit apartment building located at 1804 16th Avenue S in Minneapolis, Minnesota. The property sits on a 0.17-acre lot and boasts a substantial 6,585 square feet of living space. Each of the five units features four bedrooms, providing a total of twenty bedrooms across the entire building. This configuration presents a significant advantage for investors seeking high occupancy rates and strong rental income potential within the Minneapolis market. The building's layout and size are ideal for generating substantial cash flow. The asking price for this property is $800,000. Given the current market conditions and the property's characteristics, this represents a compelling investment opportunity for discerning buyers. Serious inquiries are encouraged, and at least 24 hours' notice is required for all showings to allow for proper scheduling and coordination. This property is offered as-is. Financial statements and further details are available upon request, subject to a non-disclosure agreement. Don't miss this chance to acquire a well-positioned, income-producing asset in a thriving Minneapolis neighborhood.

Location Insight

City

Minneapolis

County

Hennepin

State

Minnesota

Latitude

44.9645

Longitude

-93.252

FAQs

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