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$ 1,595,000
Est. payment | /mo
0.92 Acres Lot
$ 1,595,000
Est. payment | /mo
0.92 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Lynn Acres
MLS Listing ID 7171159
Year Built 1962
Annual Tax Amount $23,743
Tax Year 2026
Contingent None
Lot Size 0.920 Acres
Lot Dimensions 158x252
Property Description
Excellent opportunity to acquire a well-located 12-unit apartment building in Bloomington. The property
features a desirable and balanced unit mix of six 1-bedroom/1-bath units and six 2-bedroom/1-bath units,
along with a 13-stall garage providing an additional source of rental income. Situated on approximately
0.92 acres, the property also offers ample on-site parking and convenient access to major roadways,
employment centers, shopping, dining, and other area amenities.
The building has been professionally managed and offers an attractive investment in an established
Bloomington location with solid in-place income and potential for future growth.
features a desirable and balanced unit mix of six 1-bedroom/1-bath units and six 2-bedroom/1-bath units,
along with a 13-stall garage providing an additional source of rental income. Situated on approximately
0.92 acres, the property also offers ample on-site parking and convenient access to major roadways,
employment centers, shopping, dining, and other area amenities.
The building has been professionally managed and offers an attractive investment in an established
Bloomington location with solid in-place income and potential for future growth.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Forced Air
Inclusions Building
Fireplace No
Exterior
Parking Features Detached Garage, Paved Lot
Garage Spaces 13.0
Utilities Available Electric Separate, Heating Separate
Present Use Residential
Building
Foundation 3507
Sewer City Sewer/Connected
Water City Water/Connected
New Construction false
Schools
School District Bloomington
Listed by Jeremy Feldmann • RE/MAX Advantage Plus