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Alexis Peters
(218) 850-1205
Counselor Realty, Inc |
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810 6th Street Se, Minneapolis, MN 55414
$949,900
SQUARE FEET 3,276
MLS# 7068805
STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Mill Cos Add To St Anthony Falls
SCHOOL: Minneapolis
Property Description
Don't miss this turnkey income-producing opportunity in the heart of Dinkytown, steps from the University of Minnesota campus. 806 and 810 6th Street SE are available together as a bundled package ? including a shared 20-space parking lot ? for a combined purchase price of $1,550,000. When fully occupied these investments have potential to produce combined annual gross income of $171,000 with additional income opportunity with parking and coin-op laundry. This is a cash-flowing asset in a market that virtually never sleeps. 806 6th Street SE is currently operating as a duplex with a clear path to triplex conversion ? a value-add play that savvy investors will immediately recognize. Paired with 810 6th Street SE, this package offers both immediate income stability and long-term growth potential in one of Minneapolis's most recession-resistant rental corridors. Please note that the sale of 806 will occur concurrently with 806 6th Street SE (MLS 7068739)
Property Features
Property Type: Multi Unit - Multiple Basement: Other Heating: Hot Water Lot Size: 0.13 Acres Taxes: $13,050 Year Built: 1902
Feature Descriptions
Days on Site: 6
Foundation Size: 1638
Lot: Public Transit (w/in 6 blks), Tree Coverage - Light
Lot Dimensions: 33x165
Owners Expense: Electricity, Gas, Heat, Hot Water, Insurance, Repairs, Sewer, See Remarks, Trash Collection, Water
Parcel#: 2402924230033
Parking: Parking Lot, Paved Lot
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 3
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: eXp Realty
Agency Phone: 320-500-4397
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Estimated Payment
$ 6,420.32 per month
$5,055.77 Principal & Interest
$1,087.50 Property Tax
$277.05 Homeowner's Insurance
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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810 6th Street Se | MLS# 7068805
This multi-family property located at 810 6th Street Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $949,900. 6th Street Se is located within the Minneapolis school district. Search Minneapolis real estate on apeters.counselorrealty.com today.