2609-11 Pillsbury Avenue is an opportunity to purchase a 4 unit apartment building in Whittier, South Minneapolis, located between Lyndale and Nicollet Avenue just off 26th Street. Tenants walk 1.5 blocks to Eat Street with restaurants and coffee shops. Students walk 4 blocks to MCAD. Features include: off street parking, private entrances, hardwood floors, and kitchen/bath ceramic tile updates. A new multi-million dollar renovation is occurring at 26th & Nicollet with the Midwest's largest climbing gym - Vertical Endeavors.
The Property
Listing Type:
For Sale
Property Type:
Multi-Family
PID #:
34-029-24-31-0025
Property Name:
2609 Pillsbury Avenue
Price:
$335000
Total Units:
4
# of Buildings:
1
Year Built:
1900
Occupancy:
100%
Zoning:
R5--Multiple Family
Gross Building SF:
3670
Gross Rented SF:
3500
Garden Level Units:
0
Location
Street:
2609 Pillsbury Avenue
Minneapolis55408
Longitude:
W94° 43' 8.9975999999024''
Latitude:
N44° 57' 18.421200000005''
Investment Overview
Net Operating Income:
23905
Price Per Unit:
83750
Potential Gross Income:
39000
Interior Units
Living Room Floors:
Hardwood & Carpet
Molding:
Base-Painted and Stained
Countertops:
Ceramic Tile and Composite
Stoves:
Gas
Cabinets:
Stained & Painted Wood
DishWasher:
No
Garbage Disposal:
No
Bathroom:
Ceramic Tile Shower/Tubs
Electrical:
Circuit Breakers
Heat Delivery:
Radiators and Electric Baseboard
Heat Control/Zones:
1 Main Control
Common Area/Exterior
Parking Stalls:
4 Surface
Exterior Skin:
Vinyl Siding
Windows:
Wood and Vinyl Thermal Pane
Roof Type:
Hip
Roof Material:
Asphalt Shingles
Storage Units:
(4) Walk-In Basement
Laundry:
Owned
Washers:
(1) Gas
Dryers:
(1) Electric
Amenities:
Fenced Back Yard, Decks on 3BR Units, Pergola Outdoor Dining Area
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Watch this property
Brad Schaeppi
612.924.6518
612.770.7447
612.677.3850