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$1,250,000
Active1900 Vincent Avenue
Minneapolis, MN 55411
13,537
Square Feet
14
Beds
12
Baths
213
Days on Market
NST7124935
MLS#
Commercial
Structure
Commercial
Zone
Listing OfficeKeller Williams Premier Realty
1900 Vincent Ave N, Minneapolis presents a compelling opportunity to acquire a well-maintained 13-unit apartment building with strong fundamentals and upside potential. Within the current owner’s ownership, most major CapEx items, including the roof (2013), the boiler (2019) the water heater (2019), and windows (2018), have all been replaced. In 2024, solar panels were added to the roof, adding another income-generating feature of the building, reducing near-term maintenance concerns, and improving long-term operating efficiency. A current office/flex space offers potential for additional rental incomeas is, or the ability to convert it to another unit. 3 garages are being used by the seller, these could also be rent out.
Property Details
- Cooling
- Wall Unit(s)
- Heating
- Hot Water
- Cooling Features
- Wall Unit(s)
- Bedrooms
- 14
- Bathrooms
- 12
- Stories
- Three Or More
- Exterior Materials
- Stone
- Acres
- 0.0
- Square Feet
- 13537.0
- Lot Size (sqft)
- 0.407
- Parking Features
- Covered, Open
- Parking Spaces
- 4
- Parking Type
- Garage
- Parking Garage Spaces
- 4.0
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Full
- Year Built
- 1963
- Foundation
- Other
- Roof
- Age Over 8 Years
- Sewer Information
- City Sewer/Connected
- Utility Source
- City Water/Connected
- Utility Features
- Electric Separate, Heating Common, Hot Water Common
- Appliances
- Cooktop
- Subdivision
- Auditors Sub 019
- School District
- Minneapolis
- County
- HENNEPIN
- Region
- Minneapolis
- Days on Market (Cumulative)
- 213
- Taxes Annual
- $3,811
- MLS #
- 7124935
Location
Legal
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Provided By
Listed by Andrew Peters (#NST506019989)
Listing Office: Keller Williams Premier Realty (#NST9705)