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Key Details
Sold Price $1,470,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Essex Green
MLS Listing ID 6429849
Sold Date 11/16/23
Year Built 1961
Annual Tax Amount $21,754
Tax Year 2023
Contingent None
Lot Size 0.740 Acres
Acres 0.74
Lot Dimensions 120x267
Property Description
Deal Alert! Nestled in the heart of Bloomington, Minnesota, 9840 Nicollet Ave offers an exceptional opportunity to own a meticulously maintained 11-unit apartment building. This property epitomizes modern urban living with its prime location, upgraded units, and a motivated seller eager to make a deal. Priced well below replacement cost! Huge lot for possible future expansion opportunities. Several units within this building have undergone extensive renovations, boasting contemporary upgrades such as stainless steel appliances and sleek quartz countertops. These modern touches not only enhance the aesthetics but also offer convenience and functionality for today's urban lifestyle. With 11 units in total, this property presents an attractive investment opportunity. Whether you're an experienced investor looking to expand your portfolio or a first-time investor seeking a promising venture, this property offers strong income potential. Act quickly to secure this prime property.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Family Room Other
Basement Finished
Interior
Heating Baseboard, Boiler
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Parking Lot, Paved
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Flat,Rubber
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Three Or More
Foundation 3570
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone,Cedar
Schools
School District Bloomington
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