2447 11th Avenue South

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2447 11th Avenue South

Minneapolis, MN 55404
Asking Price
$575K
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Investment Property in South Minneapolis-2447 11th Ave S Minneapolis, MN <p><span style="color: rgba(8, 8, 9, 1)">Property Details: </span></p><p><span style="color: rgba(8, 8, 9, 1)">Total Units: 5 Unit </span></p><p><span style="color: rgba(8, 8, 9, 1)">Mix: 3 One-Bedroom Units 2 Two-Bedroom Units </span></p><p><span style="color: rgba(8, 8, 9, 1)">Current Occupancy: 4 out of 5 units rented </span></p><p><span style="color: rgba(8, 8, 9, 1)">Rental Income: </span></p><p><span style="color: rgba(8, 8, 9, 1)">Unit 1: $1,495/month </span></p><p><span style="color: rg

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NOI
$80,000
Cap Rate
13.91%
DSCR
2.34
Strong
Cash-on-Cash
26.59%
Monthly Payment
$2,844.786
Annual Cash Flow
$45,862.565

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