Property Listing
Description
Don't miss this turnkey income-producing opportunity in the heart of Dinkytown, steps from the University of Minnesota campus. 806 and 810 6th Street SE are available together as a bundled package — including a shared 20-space parking lot — for a combined purchase price of $1,550,000. When fully occupied these investments have potential to produce combined annual gross income of $171,000 with additional income opportunity with parking and coin-op laundry. This is a cash-flowing asset in a market that virtually never sleeps. 806 6th Street SE is currently operating as a duplex with a clear path to triplex conversion — a value-add play that savvy investors will immediately recognize. Paired with 810 6th Street SE, this package offers both immediate income stability and long-term growth potential in one of Minneapolis's most recession-resistant rental corridors. Please note that the sale of 806 will occur concurrently with 810 6th Street SE (MLS 7068805)
Property Information
Status: Active
Sub Type: ********
List Price: $599,900
MLS#: 7068739
Current Price: $599,900
Address: 806 6th Street SE, Minneapolis, MN 55414
City: Minneapolis
State: MN
Postal Code: 55414
Geo Lat: 44.985329
Geo Lon: -93.242358
Subdivision: Mill Cos Add To St Anthony Falls
County: Hennepin
Property Description
Year Built: 1902
Lot Size SqFt: 5662.8
Gen Tax: 11242.52
Specials Inst: 0
High School: Minneapolis
Square Ft. Source:
Above Grade Finished Area:
Below Grade Finished Area:
Below Grade Unfinished Area:
Total SqFt.: 4854
Style: Array
Total Bedrooms: 8
Total Bathrooms: 3
Total Full Baths:
Garage Type:
Garage Stalls: 0
Waterfront:
Property Features
Exterior:
Roof:
Foundation:
Lot Feat/Fld Plain: Array
Interior Amenities:
Inclusions: ********
Exterior Amenities:
Heat System:
Air Conditioning:
Utilities: