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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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8311 Excelsior Boulevard , Hopkins, MN 55343
$875,000
Est. Payment: $4,520.66/mo
0 Bed
0 Bath
5880 Sqft
Status: Active | Days on site: 157
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40490 - 502052810
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Hatch Brokered by Real
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House Description

Don’t miss this turnkey, fully leased seven-unit apartment building on Excelsior Blvd in Hopkins — one of the most accessible and tenant-friendly corridors in the western suburbs. All seven units are one-bedrooms, which means consistent tenant profiles, straightforward management/maintenance, and no complex infrastructure to worry about. New boiler and newer driveway mean the major capital items are already done. This is a running operation, not a renovation project. The price per unit is in line with what buyers are currently paying for 2-4 unit buildings in Hopkins. Seven doors for the cost of four is a rare find in this market, and it makes this an ideal move for an investor rolling out of a duplex or single family investment property looking to scale without taking on a complex asset. Easy to self-manage, low maintenance unit mix, and a location that provides historically low to no vacancy. Excelsior Blvd puts tenants within walking distance of restaurants, grocery, retail, and Park Nicollet Methodist Hospital just over a mile away. 494 corridor is also minutes away, which covers both commuters and anyone who prefers to get around without a car. Tenants have what they need close by, and that shows up in retention.
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Highlights

Listed by Philip Walter Cameron , 612-751-0872 RE/MAX Results , 612-314-1520. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Commercial Sale
Lot/Acreage
0.2

Year Built

1958

County

Hennepin

 School District

Hopkins

Listing ID

7039259

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Appliances:Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Basement:Daylight/Lookout Windows
Other:
  • ▪ Additional:Hardwood Floors
Water:City Water/Connected

Exterior Features

Lot:Tree Coverage - Medium
Lot Dimensions:100 X 90
Zoning:Residential-Multi-Family
Roof:Flat
Sewer:City Sewer/Connected
Parking Features:Gravel,Open
Principal Interest
$4,521
Taxes
$973

Home Price

$875,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$175,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,520.66

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,520.66 $973.34 $0.00 $5,494.00
Yearly $54,247.93 $11,680.08 $0.00 $65,928.01
Total $1,627,437.99 $350,402.40 $0.00 $1,977,840.39
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Hopkins, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Hatch Brokered by Real | Real Brokerage LLC | PLACE are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers.
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Data last updated: 2026-09-06T04:57:07.000Z

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