Property for Sale in Minneapolis
3116 Emerson N Avenue
Minneapolis, MN 55411

Price
440,000

MLS #
6547394

Status
Active


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Property Details

Year Built
1907

Parking Features
Open

Zoning
Business/Commercial

2023 Property Taxes
$5,246

School District
Minneapolis

County
Hennepin


Commercial property with 6 units total. Great cash-flowing asset for an investor to add to their portfolio. Four residential units and two commercial spaces. Long term commercial and residential tenants. Partially finished basement currently being used for office and storage space for commercial tenants. Lot with plenty of parking behind the building. Current cash flow is $60,000 per year if rents brought up to market value could yield around $80,000.


On the corner of Lowery and Emerson


On the corner of Lowery and Emerson

Features


Utilities
Electric Separate

Heating
Hot Water

Sewer
City Sewer/Connected

Water
Public

Additional Info


Listed By
James Faillettaz of Coldwell Banker Realty

Listed
06/11/24 and last updated 11/20/24

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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