2818 E 31st Street, Minneapolis, MN

$685,000

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0.10

Acres

About 2818 E 31st Street

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.

Features of 2818 E 31st Street

MLS® # 6495781
Price $685,000
Bathrooms 0.00
Acres 0.10
Year Built 1960
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 2818 E 31st Street
Area Longfellow
Subdivision Libbys Add
City Minneapolis
County Hennepin
State MN
Zip Code 55406

Amenities

Amenities Coin-op Laundry Leased
Garages Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Baseboard, Hot Water
Cooling Wall Unit(s)
Fireplace No

Exterior

Roof Asphalt
Construction Stucco

School Information

District Minneapolis

Additional Information

Days on Market 58
Zoning Business/Commercial
Foreclosure No
Short Sale No

Listing Details

OfficeeXp Realty

Listing Map

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