Pending
620 23rd Avenue N Minneapolis, MN - Image 1620 23rd Avenue N Minneapolis, MN - Image 2620 23rd Avenue N Minneapolis, MN - Image 3620 23rd Avenue N Minneapolis, MN - Image 4620 23rd Avenue N Minneapolis, MN - Image 5620 23rd Avenue N Minneapolis, MN - Image 6
Pending

$194,900

0 Beds 0 Baths 5,202 SQFT 0.25 Acres
Type: Pending

620 23rd Avenue N
Minneapolis, MN 55411

MLS#: 7143353
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800
Presented by: Banneker Realty, LLC

Property Description

 

ALL OFFERS DUE 9/24 EOD. Excellent opportunity to acquire a 6-unit multifamily property in a convenient and established location. The building features 1 one-bedroom unit and 5 two-bedroom units, offering an attractive unit mix for investors seeking strong rental income potential. SOLD AS IS and rehab ready, providing an opportunity for an investor or owner-operator to renovate and reposition the property to maximize its income potential. Property Highlights: Street parking directly in front of the building, with an add'l parking lot located behind the building. Located just 1 block from Lyndale Avenue/busline/walkability. Approximately 3 blocks from Fairview Park Convenient access to nearby neighborhood amenities, transportation, shopping, and services. 48 hour notice for showing. Property Management Representative will provide access 10am-3pm. Monday - Friday


 

Interior Features

Other Interior Features

Basement (Y/N)No
Foundation Dimensions48x61
FuelNatural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Current UseResidential
DirectionsHwy 94, Broadway Ave. W, Lyndale Ave. N, 23rd E to building
Electric Expense0
Fuel Expense0
Garage Spaces0
Gross Income0
HeatingBaseboard
High School DistrictMinneapolis
Insurance Expense0
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
MaintenanceExpense0
Net Operating Income0
New ConstructionNo
Number Of Units Total6
Operating Expense0
PostalCityMinneapolis
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusPending
Subdivision NameCobbs Add To North
Tax Annual Amount$3,041
Tax Year2026
Tenant PaysElectricity
Trash Expense0
UtilitiesHeating Common, Heating Separate
Water Sewer Expense0
Year Built1964
Zoning DescriptionResidential-Multi-Family, Residential-Single Family

Exterior

Building Area Total5,202 sqft
FencingFull
Foundation Area1,776 sqft
InclusionsBuilding
Lot Dimensions68x161
Lot Size Area0 sqft
Parking FeaturesOff Site, Parking Lot
Road Frontage TypeCity Street
Water SourceCity Water/Connected
Waterfront Y/NNo

Additional Details

Price History

Schools 

Elementary School N/A
Middle School N/A
High School N/A

  

Similar Properties

$194,900

0 Beds 0 Baths 5,202 SQFT 0.25 Acres
Type: Pending

620 23rd Avenue N
Minneapolis, MN 55411

MLS#: 7143353
Courtney Maas-Peker
Courtney Maas-Peker
The Real Estate Advantage
Realtor
Phone: 612.618.4823
Office: 952.224.8800