ACTIVE$825,000
Property information
- Beds
- —
- Baths
- N/A
- Sq Ft
- —
- Year Built
- 1963
- Property Type
- Commercial Sale
- Acres
- 0.17
- County
- Hennepin
- Waterfront
- No
- Waterfront View
- —
- Waterfront Feet
- —
- Water Body
- —
- Parking
- 0
- Basement
- —
- Price/Sqft
- —
- Stories
- Three Or More
- HOA Fee
- N/A
- Updated
- 28 D AGO
- List Date
- 7/6/2026
Excellent opportunity to acquire a fully occupied 10-unit apartment building with strong in-place cash flow. This well-maintained property features updated units, a newer roof, updated exterior wood components, replacement shakes, and newer windows, helping reduce future capital expenditures. Generating approximately $117,000 in annual gross rental income, this stabilized asset offers immediate income with additional upside through long-term ownership. All units are occupied, providing consistent cash flow from day one. Ideal for investors looking to expand their portfolio or complete a 1031 exchange.
Listed by: Compass