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1720 Glenwood Avenue
Minneapolis, MN 55405
Asking Price
$875K
Asset Type
Apartment Building Mixed-use
Class
Class B
What's Special
VALUE ADD MIXED-USE MULTI FAMILY AND RETAIL BUILDING FOR SALE <ul><li>15,813 SF freestanding mixed use building in Minneapolis</li><li>8 residential units including seven 2-bedroom units and one 3 bedroom unit</li><li>Two commercial spaces including Milda's Cafe and<span style="color: rgba(34, 34, 34, 1)"> an open space with an overhead door. </span></li><li>Separately metered gas and electric with central heating and air conditioning</li><li>Rear parking lot with 7 parking spaces plus street parking</li><li>Value add opportunity located along the gr
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NOI
$80,000
Cap Rate
9.14%
DSCR
1.54
Strong
Cash-on-Cash
10.69%
Monthly Payment
$4,329.023
Annual Cash Flow
$28,051.729
