PLEASANT AVE APARTMENTS IS A VERY CLEAN, FULLY RENTED, AND WELL MAINTAINED 11-UNIT MULTI-FAMILY BUILDING LOCATED IN THE HEART OF RICHFIELD, MINNESOTA. THE OWNERSHIP GROUP HAS COMPLETED 10 OF THE 11 UNITS WITH HIGH END KITCHEN REMODELS INCLUDING NEWER CABINETS, COUNTER TOPS, AND ENERGY EFFICIENT STAINLESS STEEL APPLIANCE PACKAGES WITH DISHWASHERS. TWO OF THE APARTMENTS HAVE BUILT-IN MICROWAVES. EXTERIOR UPDATES INCLUDE NEWER WINDOWS, FACIA AND GUTTERS, A NEWER ROOF REPLACED IN 2104, AND SECURED FRONT AND BACK ENTRY DOORS WITH SIDELITES. THE HIGH EFFICIENCY HOT WATER BOILER WAS BRAND NEW IN THE SPRING OF 2024 AND IS LESS THAN A YEAR OLD. THIS ASSET IS MANAGED PROFESSIONALLY BY THE OWNER, NO DELINQUENCIES, AND IN TURN-KEY CONDITION!! NEW PRICE $1,250,000
