1802 11Th Ave Minneapolis, MN 55404

This exceptional Class A, multifamily investment opportunity presents a beautifully renovated 1902 building located at 1802 11th Ave S, Minneapolis, MN 55404. The property boasts six units within 8,000 square feet of net rentable space, currently enjoying 100% occupancy. Each unit commands a price of $332,500, contributing to the overall asking price of $1,995,000. The three-story building sits on a 10,019 square foot lot, zoned for multi-family use. Extensive renovations were completed in 2017, resulting in a completely updated interior. The property's unique history and custom design offer a rare investment opportunity. The building's potential is further enhanced by approximately one million dollars in assumable financing at a low interest rate. This property is ideal for an investor seeking a value-add opportunity with significant upside potential, whether through short-term rentals, attracting Class A tenants at premium rates, or catering to specialized needs. The property's prime location in Minneapolis, Hennepin County, adds to its appeal. The Assessor's Parcel Number (APN) is 2602924340049. This one-of-a-kind property requires a viewing to fully appreciate its unique character and potential.