1802 11th Avenue S, Minneapolis, MN
$1,900,000
8,000
Square feet
0.23
Acres
About 1802 11th Avenue S
THIS IS BASICALLY A BRAND NEW BUILDING WITH A BEAUTIFUL BROWNSTONE SHELL ! A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. CONTRACT FOR DEED TERMS AVAILABLE! The owner started out with 12 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000. It is very energy efficient; it was insulted with spray foam and has solar panels.
Features of 1802 11th Avenue S
| MLS® # | 6428729 |
|---|---|
| Price | $1,900,000 |
| Square Footage | 8,000 |
| Acres | 0.23 |
| Year Built | 1902 |
| Type | Commercial |
| Sub-Type | Apartment Building |
| Style | Apartment |
| Status | Active |
| Contingency Type | None |
Community Information
| Address | 1802 11th Avenue S |
|---|---|
| Area | Ventura Village |
| Subdivision | J S & W Elliots Add |
| City | Minneapolis |
| County | Hennepin |
| State | MN |
| Zip Code | 55404 |
Amenities
| Amenities | Common Garden, Patio, Security |
|---|---|
| Garages | Carport, Covered, Concrete, Paved, More Parking Offsite for Fee |
| View | City Lights |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Lot Description | Public Transit (w/in 6 blks), Corner Lot, Many Trees |
|---|---|
| Construction | Brick/Stone |
School Information
| District | Minneapolis |
|---|
Additional Information
| Zoning | Residential-Multi-Family |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Taxes | $19,003 |
| Tax Year | 2024 |
| Office | Bridge Realty, LLC |
Listing Details
| Office | Bridge Realty, LLC |
|---|