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3050 18th Avenue S Minneapolis, MN 55407

$975,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 8/4/2022
Status: Active

MLS #: 6233770
Commercial Sale Sq. Feet: N/A
On Site: 234 Days Lot Size: 0.21 Acres
Neighborhood: See All Properties for Sale in Powderhorn Park
DESCRIPTION
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Stunning building with a unique opportunity. This building is a fully furnished short term rental cash
cow. Sale includes unit furnishings, current and future rental agreements, website and reviews. Property already has separate PIDs for each unit for future redevelopment! Please do not walk the property with
out an appt all units are currently rented.
FEATURES / AMENITIES
Appliances: Dishwasher, Range, Refrigerator
Amenities: French Doors, Hardwood Floors, Natural Woodwork, Tile Floors
Cooling: Window Unit(s)
Heating: Baseboard
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.21 Acres
Lot Dimensions: 75 x 124
Garage Spaces: 4
Parking Features: Detached
Utilities: Electric Separate, Heating Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Zoning: Residential-Multi-Family
Directions: 3050 18th Ave S
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Business, Fixture/Equipment, Land, Leases, Rental License
Tax Year: 2022
Tax Annual Amount: $8, 896
Water / Sewer Expense: $5, 977
Maintenance Expense: $18, 057
Fuel Expense: $4, 226
Electric Expense: $4, 600
Manager Expense: $3, 043
Gross Income: $81, 211
Net Income: $131, 679
Association Amenities: Patio
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Listing Information Last Updated 3/25/2023
© Copyright 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

3050 18th Avenue S
Minneapolis, MN 55407

MLS®: 6233770

List Price: $975,000

Description:

MLS # 6233770: This property at 3050 18th Avenue S, Minneapolis, MN 55407 is located in the Powderhorn Park subdivision and is listed for $975,000. MLS # 6233770 has been on the market for 233 days.