1802 11th Avenue S, Minneapolis, MN 55404
- $1,700,000
- 9
- BD
- 10
- BA
- Sold Price
- $1,700,000
- List Price
- $1,900,000
Property Description
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.
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Listing courtesy of Bridge Realty, LLC.
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