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Description
Turnkey investment with upside potential! This cash-flowing 5+ unit apartment building delivers reliable income with historically low vacancy and strong rental demand in the area. All units are 1-bedrooms that have been updated with modern kitchens, bathrooms, and flooring—reducing maintenance costs and attracting quality tenants. A flexible studio in the basement provides additional opportunity: it was previously part of a 2BR/2BA unit and, with city approval, could become a 6th legal unit to further increase returns. Recent capital improvements include a new water heater, newer boiler, and surface parking for tenants in the back. Seller will contribute 1% towards a buyer’s interest rate buy-down with an acceptable offer—enhancing your cash flow from day one!
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MLS# 7051373
ACTIVE
$450,000
6 Beds
Listing Office: Chippewa Valley Real Estate, L
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By conducting a property search on this site, user agrees to EULA found on: http://www.northstarmls.com/wp-content/uploads/2015/08/EULA.pdf Updated: 20th April, 2026 11:07 PM (UTC)
By conducting a property search on this site, user agrees to EULA found on: http://www.northstarmls.com/wp-content/uploads/2015/08/EULA.pdf Updated: 20th April, 2026 11:07 PM (UTC)
Listing Office: Edina Realty, Inc.
