7112 Minnetonka Boulevard E, Saint Louis Park, MN 55426

$899,900 Asking Price

8 beds
3 baths
5,196  sqft
Built in 2019

Multi use opportunity in one of the best locations in the city. Operate as a successful rental property or group home, as approved by the city of SLP. Double lot available to build a manager's suite or just have extra space. This stunning property boasts a spacious shared kitchen that serves as the heart of each unit, fostering a sense of community among residents. The generous living and dining areas provide ample space for relaxation and entertainment. On the lower level, a well-equipped laundry room adds convenience, while a recreation room offers a space for leisure and social gatherings. Each of the eight identical units is thoughtfully designed, featuring a large bedroom, full bath and walk in closet. The city of SLP is discussing zoning changes. The future district for this property will add additional housing types such as two-unit, three-unit, and four-unit structures. It will also allow for low-rise apartment buildings and small townhouse structures meaning a new owner could build up, out, or an additional structure on this lot for additional unit capability. Rent Roll available upon request please email both agents.

Features & Amenities

Interior

Appliances:
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Basement:
Block
A/C:
Central Air
Heating:
Forced Air
Fireplace:
Fireplace, Fireplaces: 2

Exterior

Pool:
None
Parking:
Parking Lot

Construction

Roofing:
Age 8 Years or Less
General:
Two

Location

HOA Amenities:
0.0
Originating MLS:
northstar
School District:
St. Louis Park
County:
Hennepin

Lot

Zoning:
0000000000010

Utilities

Water:
City Water/Connected
Sewer:
City Sewer/Connected

Financial

Source:
northstar

This listing courtesy of:
eXp Realty

About Minneapolis, MN

Housing

Number of Units
501,191
Median Home Value
$295,889
Median Rent
$1,111

41.20% of housing units are renter occupied.

4.62% are vacant.

Commute

Car
57.04%
Public Transportation
5.26%
Walk to Work
2.90%
Work from Home
32.97%
Other
0.69%

The median travel time to work is 17 minutes.

People

Population
1,128,226
Median Age
37.20
Median Household Size
2.55

Education

High School
18.39%
Associate’s Degree
8.82%
Bachelor’s Degree
30.05%
Graduate Degree
17.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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