Anand Prashad, Broker
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. 810 6th Street SE is currently operating as a triplex, while 806 6th Street SE a duplex with a clear path to triplex conversion ? a value-add play that savvy investors will immediately recognize. Paired together, 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 810 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: 114
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
Listed By
Agency Name: eXp Realty
Agency Phone: 320-500-4397
Shown By
Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty
TOUR THIS HOME
Choose a date and time to see 810 6th Street Se, Minneapolis, MN 55414.
An agent will get in touch to confirm your request shortly.
Estimate Your Payment
Estimated Payment
$ 6,420.32 per month $5,055.77 Principal & Interest $1,087.50 Property Tax $277.05 Homeowner's InsuranceChange Payment Information
Near By
Print This Listingx
Select a format below, new window will open and will prompt you to print.
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 aprashad.counselorrealty.com today.