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About This Home
This 14-bedroom, 0-bathroom commercial at 1900 Vincent Avenue N in Minneapolis, MN is listed for $1,300,000. Built in 1963, on a 0.41 acres lot.
1900 Vincent Ave N, Minneapolis presents a compelling opportunity to acquire a well-maintained 13-unit apartment building with strong fundamentals and upside potential. Within the current owner’s ownership, most major CapEx items, including the roof (2013), the boiler (2019) the water heater (2019), and windows (2018), have all been replaced.
In 2024, solar panels were added to the roof, adding another income-generating feature of the building, reducing near-term maintenance concerns, and improving long-term operating efficiency. A current office/flex space offers potential for additional rental income as is, or the ability to convert it to another unit. 3 garages are being used by the seller, these could also be rent out.
Key Features
- Built in 1963
- 0.41 acre lot
Property Details
Amenities
Monthly Cost Estimate
$6,953/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1900 Vincent Avenue N
Minneapolis, MN 55411
Auditors Sub 019
Features & Amenities
Exterior Features
Property Details
Parking
Heating
Cooling
Appliances
Questions & Answers
This 14-bedroom, 0-bathroom commercial at 1900 Vincent Avenue N is listed at $1,300,000. The estimated monthly payment is $5,633 based on 20% down at 6.5% interest.
Key features include: Built in 1963, 0.41 acre lot. Exterior Features: Brick/Stone.
This property is listed by James Faillettaz and can be reached at 6513795252 or jamesfaillettaz@kw.com.