Listed By
Agency Name: Fuze Real Estate
Agency Phone: 612-867-0001
Shown By
Agent Name: Kris Telkamp
Agent Phone: (320) 808-0162
Agency Title: Counselor Realty
Property Description
Seller is open to creative financing options, including financing some or all of the buyer's down payment. Flexible terms and structures will be considered for a qualified buyer.All five units are currently leased, generating immediate income. Unit #101 is leased month-to-month, offering the potential for owner occupancy or repositioning while maintaining stable cash flow from the remaining units.New roof (2018), all-new HVAC systems (2023?2026), new lobby flooring (2025), and new tenant storage lockers (2025) reduce near-term capital expenditure needs.Estimated market rents indicate approximately $29,196 in additional annual rental income (+29.2%). Three units have already been renovated, one is partially updated, and one remains in originalcondition, providing a clear path to increased cash flow and value.Buyer and Buyer's Agent to verify square footage.
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612 University Avenue Se, Minneapolis, MN 55414
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612 University Avenue Se, Minneapolis, MN 55414
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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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612 University Avenue Se | MLS# 7127269
This commercial property located at 612 University Avenue Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $1,100,000. University Avenue Se is located within the Minneapolis school district. Search Minneapolis real estate on ktelkamp.counselorrealty.com today.