Great opportunity to own a 3-unit mixed-use commercial/apartment fully leased building with 7.62% cap. The commercial tenant has a lease to 5-31-2026 and the apartment tenants are on a yearly lease. Fl2 pays $1, 500/mo. Fl3 pays $1, 050/mo. Commercial tenant pays $1,325/mo with annual increase in rent. The garage is rented for $200/mo. The apartment tenants pay for electricity and gas. The commercial tenant pays for water for the whole building and their own heat and electricity. Landlord pays for trash.
Listed by Yu Jie Chen of RE/MAX Results

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Property Details of 629 Aldine Street, Hamline-Midway

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