2818 E 31st Street, Minneapolis

Updated 6 unit building fully rented with a 7.7% cap rate! 54k on NOI. Great location in Longfellow neighborhood. Walking distance to trails and river. Building consists of (4) 2 bedroom units, (2) 1 bedroom units. Units have been updated over the years. Laundry is in building run by BDS. Building offers 6 Parking spots. Great cash flow and upside. Contract For Deed Available.

Essential Information

  • MLS® #6495781
  • Price$685,000
  • Bathrooms0.00
  • Year Built1960
  • TypeCommercial Sale
  • Sub-TypeApartment
  • StyleApartment
  • StatusActive
  • Taxes$9,541

Amenities

  • AmenitiesCoin-op Laundry Leased
  • GaragesParking Lot

Exterior

  • RoofAsphalt
  • ConstructionStucco

Additional Information

  • Days on Market64
  • ZoningBusiness/Commercial

Community Information

  • Address2818 E 31st Street
  • AreaLongfellow
  • SubdivisionLibbys Add
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55406

Interior

  • AppliancesRange, Refrigerator
  • HeatingBaseboard, Hot Water
  • CoolingWall Unit(s)

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeeXp Realty

MLS #6495781 is a Commercial Sale listing, located at 2818 E 31st Street in Minneapolis, MN.

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