9840 Nicollet Avenue S

Bloomington, MN 55420 View Map $1,490,000 Schedule a Tour
Acres0.74
Year1961
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Dena Hodnett

Dena Hodnett

(612) 730-9616
Realtor - RE/MAX Results
 
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Status: Pending
Property Type:Apartment
MLS #:6429849
On Site:25 Days
Lot Size:0.74 Acres
County:Hennepin
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.

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$000 Monthly Payment
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Community Information

Address:9840 Nicollet Avenue S, Bloomington, MN 55420
County:Hennepin
City:Bloomington
School District:Bloomington
Zip Code:55420

Features / Amenities

Appliances: Range, Refrigerator
Amenities: Kitchen Window
Cooling: Window Unit(s)
Heating: Baseboard, Boiler
Fuel: Electric, Natural Gas

Property Features

Lot Size: 0.74 Acres
Lot Dimensions:120x267
Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
Utilities: Electric Separate, Heating Common, Hot Water Common
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Road Responsibility: Public Maintained Road
Zoning:Residential-Multi-Family
Directions:35W to 98th east to Nicollet south.

Tax and Financial Info

Sale Includes: Building, Leases
Tax Year: 2023
Tax Annual Amount: $21,754
Gross Income: $184,140
Association Amenities: Coin-op Laundry Owned

Schools

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9840 Nicollet Avenue S Bloomington,  MN 55420
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9840 Nicollet Avenue S Bloomington, MN 55420
 
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Listing Information Last Updated 10/1/2023
Listing provided courtesy of Buyrentsell.Com, LLC.
© Copyright 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.