1802 11TH AVE S MINNEAPOLIS, MN 55404

Features

• Price/sqft: $249
• Lot Size: 0.23 acres
• Total Units: 4
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Stories: 200
• Roof Type: Tar & Gravel
• Heating: Forced Air Heating
• Construction Type: Wood
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1902
• Property ID: 877312915
• MLS Number: 6428729
• Parcel Number: 26-029-24-34-0049
• Property Type: Townhouse or Condo
• County: Hennepin
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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.