Type: Company
Price: $4,090,000
Location: Minneapolis, Minnesota
Address: 137 E 17th Street, Minneapolis, MN, 55403
Zip: 55403
Property size: 9580 square feet
Condition: Used
For sale by: Broker
Agent: Paul Begich
Welcome to St.
George Apartments! This 35-unit apartment consists of 31 x studios, and 4 x one-bedroom units. The property is a turn-key asset that has seen extensive remodeling over the last decade functioning like a new-build, with low overhead. The property has debt that has the potential to be assumed, with three years remaining on the term,
at a rate significantly lower than current quotes. Uniquely, all of the units are heated through electric baseboard heat, paid for by the individual residents. This has an immediate positive impact on the NOI, as there’s no boiler, or associated Center Point Energy gas/heat bill.
This is a great opportunity to add a classic, turnkey brownstone to your portfolio! Copyright © 2023 Regional Multiple Listing Service of Minnesota [North Star MLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Looking to extend your current business or start a new one.
Limited contractor use, personal storage, or convert to a residence. Great opportunity to own your own building, warehouse, storage and workshop all in one. Improvements to include 4 year old rubber roof and newer roof on the shop area. Furnace / A/C less than 2 years. Three Phase Electricity,
shop area, storage area, two offices and waiting area. Grow your business today for a great price. Copyright © 2023 Regional Multiple Listing Service of Minnesota [North Star MLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Commercial - Eden Prairie, MNCopyright © 2023 Regional Multiple Listing Service of Minnesota [North Star MLS].
All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Great location, just off I35.
Perfect opportunity for a new business. Previous use was a laundromat. Owner is willing to work with new tenant to make the space workable for them. Copyright © 2023 Regional Multiple Listing Service of Minnesota [North Star MLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
