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2015 Stevens Ave

Minneapolis, MN 55404

$649,900

Apartments For Sale  •  3,262 Sq Ft

Property Details

  • Property Type Apartments
  • Total Building Size 3,262 Sq Ft
  • Year Built 1900
  • Cap Rate 6.97 %
75 Transit Score
90 Walk Score

Description

Great investment opportunity for sale in Minneapolis! This property is in a convenient location, and has 7 units with newer windows, siding, roof, water heater, and boiler!

Highlights

Convenient location
Additional room in back of property for garage or surface parking

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $48,804 (2019)
Cap Rate: 6.97 %
Total Expenses: $25,596

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station Commuter Rail (Northstar Corridor) 6 min - 2.1 mi
Fridley Station Commuter Rail (Northstar Corridor) 17 min - 9.5 mi
AirportDriveWalkDistance
Minneapolis–Saint Paul International Airport 22 min - 10.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Amber Lange 763-226-7911 KW Commercial
Amber Lange 763-226-7911 KW Commercial