Listed By
Agency Name: Commercial Investors Group LLC
Agency Phone: 612-598-0780
Shown By
Agent Name: Mary Meuwissen, Managing Broker of Counselor Realty of Victoria
Agent Phone: (612) 670-5879
Agency Title: Counselor Realty
Property Description
12-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,225,000 ($102,083/door). This two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The property has been steadily upgraded with newer electric panels, a new front concrete stoop, and many units remodeled. Part of the Minneapolis 4D program providing low taxes and energy saving appliance upgrades. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Potential NOI of $97,662 with clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Please review the OM for more information.
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3021 Longfellow Avenue , Minneapolis, MN 55407
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3021 Longfellow Avenue , Minneapolis, MN 55407
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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3021 Longfellow Avenue | MLS# 7088925
This commercial property located at 3021 Longfellow Avenue , Minneapolis, MN 55407 is currently listed for sale with an asking price of $1,225,000. Longfellow Avenue is located within the Minneapolis school district. Search Minneapolis real estate on mmeuwissen.counselorrealty.com today.