MINNEAPOLIS, MN 55404

OFF-MARKET MINNEAPOLIS MULTIFAMILY — INSTANT EQUITY + VALUE-ADD OPPORTUNITY!

• 13 BED | 6 BATH | 5,000 SQ FT | CENTRAL MINNEAPOLIS
• ASKING: $650,000
• CURRENTLY EST. VALUE: $780K
• POTENTIAL 6-PLEX VALUE: $1.2M+ (SELLER ESTIMATE)

CURRENT INCOME:

• Just under $10,000/month in rent as-is
• Approximately $120K annual gross rent
• Seller estimates a 16% cap rate at current value

VALUE-ADD OPPORTUNITIES:

• Convert to a 6 plex
• Both upper units can potentially be split into separate units.
• Two floors per upper unit, with a full bathroom and exit on each floor.
• Seller estimates potential value of approximately $1.2M after conversion.
• Potential BRRRR strategy, refinance, or individual condo sales (subject to feasibility and approvals).

ADDITIONAL BASEMENT UPSIDE

• Basement may offer potential for 2–3 additional units.
•  Seller estimates up to $2.8M potential value as an 8-plex.
•  Requires additional construction, permitting, and feasibility review.
• ADU + 2-CAR DETACHED GARAGE
• Additional upper-level space.
•  Currently used for storage.
•  Potential to convert into additional living units, subject to zoning and approvals.

PERFECT FOR: Owner-operators & contractors Value-add investors BRRRR investors House hackers Multifamily developers

MOTIVATED SELLER — MOVING AWAY & LOOKING TO SELL FAST!

Central Minneapolis Location Off-Market | Direct to Seller | Wholesalers Welcome

CONTACT FOR DETAILS & DEAL PACKAGE:

• GABRIELFRANCOREALESTATE@GMAIL.COM
•  415-209-4580