6413 Pleasant AveRichfield, MN 55423

This exceptional 11-unit apartment building, situated at 6413 Pleasant Avenue in Richfield, Minnesota, presents a compelling investment opportunity. Spanning 11,400 square feet on a 0.28-acre lot, the property boasts a strong track record of occupancy and consistent income. Ten of the eleven units have undergone extensive, high-end kitchen renovations, featuring new cabinets, countertops, and energy-efficient stainless steel appliances, including dishwashers. Two units further benefit from built-in microwaves. Exterior improvements are equally impressive, showcasing newer windows, fascia, and gutters. The roof was replaced in 2014, ensuring long-term durability. Security is enhanced by secured front and back entry doors with sidelights. Further enhancing efficiency and reducing operating costs, a high-efficiency hot water boiler was installed in Spring 2024. The property is professionally managed by the owner, maintaining a spotless record with no delinquencies. This turnkey operation offers immediate income generation and significant potential for future growth, making it an ideal acquisition for discerning investors seeking a well-maintained, high-performing multifamily asset in a desirable Richfield location. The asking price is $1,349,900.