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Neal Anderson, Managing Broker
(612) 865-5955
Counselor Realty, Inc |
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5733 Bossen Terrace, Minneapolis, MN 55417
STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Novaks Add
SCHOOL: Minneapolis
Property Description
*GROUP SHOWING AVAILABLE 1/22 FROM 1-2PM** Fantastic 8-unit multifamily investment opportunity in the heart of South Minneapolis?perfect for first-time investors looking to launch their portfolio or seasoned investors seeking to add a value-add property with strong upside. Current rents are well below market, offering immediate potential to increase cash flow through strategic updates and rent adjustments. The property is ideally located with quick access to major highways, making commutes throughout the Twin Cities a breeze, and is just minutes from MSP International Airport. Residents will love the proximity to neighborhood parks, local shopping, and some of South Minneapolis' most popular restaurants and cafés, creating strong long-term rental demand. With solid fundamentals, an excellent location, and untapped income potential, this is a rare opportunity to acquire a multifamily asset in one of Minneapolis' most sought-after rental markets. Don't miss the chance to secure a property that offers both stability and growth.
Property Features
Property Type: Commercial - Business Cooling: Wall Unit(s) Fuel Type: Natural Gas Heating: Radiant Lot Size: 0.23 Acres Roof Type: Asphalt Stories: 2.0 Taxes: $13,014 Year Built: 1963
Feature Descriptions
Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 138
Foundation Size: 3683
Lot Dimensions: 34x34x154x67x152
Owners Expense: Electricity
Parcel#: 1902823230061
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Units: 8
Utilities: Electric Common, Heating Separate, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Agency Name: Keller Williams Premier Realty Lake Minnetonka
Agency Phone: 952-475-0111
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5733 Bossen Terrace | MLS# 7003036
This commercial property located at 5733 Bossen Terrace, Minneapolis, MN 55417 is currently listed for sale with an asking price of $939,900. Bossen Terrace is located within the Minneapolis school district. Search Minneapolis real estate on nanderson.counselorrealty.com today.