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2115 Como Ave 2115 Como Ave SE

3 Unit Apartment Building $1,346,596 CAD ($448,865 CAD/Unit) 6.80% Cap Rate Minneapolis, MN 55414

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Executive Summary

Amazing income-producing triplex with tons of charm near U of M, featuring tall ceilings, beautiful exposed beams, new flooring throughout, updated kitchens with tons of storage, exposed brick feature walls, huge sunny windows with brick arches, and an open concept layout with lots of space to spread out. Just a few minutes from Dinkytown and the University of Minnesota’s East Bank campus. Very well maintained with new rubber roof 2022, updated mechanicals + 7200 SqFt, 2400 per fl. Zoned C1. Situated on 2.5 beautifully landscaped city lots w/9 off-st parking spaces. All units have in-unit laundry and central air. All units fully leased; reliable renter performance with 100% occupancy. Unit 1 - 4bd/2ba, Unit 2 - 5bd/2ba, Unit 3 - 5bd/2ba. Video tour available upon request. Buyer and Buyer's agent to verify all measurements.

Property Facts Under Contract

Price	$1,346,596 CAD	Building Class	C
Price Per Unit	$448,865 CAD	Lot Size	0.35 AC
Sale Type	Investment	Building Size	7,200 SF
Cap Rate	6.80%	Average Occupancy	100%
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1904
Property Subtype	Apartment	Parking Ratio	2.5/1,000 SF
Apartment Style	Low Rise	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	$1,346,596 CAD
Price Per Unit	$448,865 CAD
Sale Type	Investment
Cap Rate	6.80%
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.35 AC
Building Size	7,200 SF
Average Occupancy	100%
No. Stories	2
Year Built	1904
Parking Ratio	2.5/1,000 SF
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.