Take advantage of this opportunity to acquire a well-maintained four-unit apartment building in one of the Twin Cities most desirable rental markets. The property features a strong unit mix of three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment, appealing to a broad tenant base while providing dependable income potential. Major systems have already been updated, helping preserve value and reduce future capital expenditures. New roof (2023), new water heater (2024) , new dryer (2024), washer replaced (2021), exterior trim painted (2026), HVAC repairs completed, plumbing repairs completed, tree removal for improved safety and curb appeal.
| MLS # | 7120539 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1962 |
| Days On Site | 21 |
| Listing Provided By | Edina Realty, Inc. | Jesse R. Steed |
| Bed(s) | 7 |
|---|---|
| Bath(s) | 4 |
| SQ Feet | 3,128 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 2 |
| Units | 4 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.30 |
| Heating | Baseboard, Hot Water |
|---|
| Roof | Age 8 Years or Less, Asphalt |
|---|---|
| Construction Materials | Block |
| Lot Features | Public Transit (w/in 6 blks), Corner Lot |
| Parking Features | Detached Garage, Parking Lot, Paved Lot, Storage |
|---|
| Property | 8178 |
|---|
| State | MN |
|---|---|
| County | Hennepin |
| City | Bloomington |
| Zip Code | 55425 |
| Community Name | Replat Cedar Crest |
| School District | 271 |
| High School | Bloomington |
| Listing VS Median (in Replat Cedar Crest) | |
Price: $575,000 low | high Med: $575,000 sqft: 3,128 low | high Med: 3,128 $ / sqft: $184 low | high Med: $184 On site: 21 low | high Med: 21 | |
| State | MN |
|---|---|
| County | Hennepin |
| City | Bloomington |
| Zip Code | 55425 |
| Community Name | Replat Cedar Crest |
| School District | 271 |
| High School | Bloomington |
| Listing VS Median (in Replat Cedar Crest) | |
Price: $575,000 low | high Med: $575,000 sqft: 3,128 low | high Med: 3,128 $ / sqft: $184 low | high Med: $184 On site: 21 low | high Med: 21 | |