Paul Begich
This listing was posted on Paul Begich (via ListedBuy).
$4,090,000
Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale
Price:
$4,090,000
Location:
137 E 17th Street, Minneapolis, MN
Description:
Welcome to St. George Apartments! This 35-unit apartment consists of 31 x studios, and 4 x one-bedroom units. The property is a turn-key asset that has seen extensive remodeling over the last decade functioning like a new-build, with low overhead. The property has debt that has the potential to be assumed, with three years remaining on the term, at a rate significantly lower than current quotes. Uniquely, all of the units are heated through electric baseboard heat, paid for by the individual residents. This has an immediate positive impact on the NOI, as there’s no boiler, or associated Center Point Energy gas/heat bill. This is a great opportunity to add a classic, turnkey brownstone to your portfolio! Copyright © 2023 Regional Multiple Listing Service of Minnesota [North Star MLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Still available at ListedBuy!
Property Type:
Commercial & Office Space for Sale
For sale by:
Agent/Broker
Agent Name:
Paul Begich
Posted:
December 22 2023 on ListedBuy
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More About this Listing: Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale
Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale is a Commercial Real Estate for Sale at 137 E 17th Street in Minneapolis MN. Find other listings like Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale and listings near 137 E 17th Street by searching Oodle Classifieds for Commercial Real Estate for Sale in Minneapolis MN.
Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale is a Commercial Real Estate for Sale at 137 E 17th Street in Minneapolis MN. Find other listings like Minneapolis, Hennepin County, MN Commercial Property, Homesites for sale and listings near 137 E 17th Street by searching Oodle Classifieds for Commercial Real Estate for Sale in Minneapolis MN.