For Sale: Minneapolis MLS# 6715800
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Property Description
This building cash flows! Recently updated units in this 5+ unit apartment building. All 1 bedrooms with newer flooring, bathrooms and kitchens. There is a 6th unit (studio) in the basement that previous owner used as an Airbnb. Prior to that, it was the 2nd bed, 2nd bath in the lower unit. Could be added to that unit again or with city approval added as a 6th unit. New water heater, newer boiler and surface parking in back.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1961
State:
MN
Property Style:
Other
Zip Code:
55412
Neighborhood/Area:
Folwell
Subdivision Name:
Silver Lake Add
Interior
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Range
- Refrigerator
Exterior
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,600 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
Open
Shared Amenities:
Coin-op Laundry Owned
Exterior Material:
Stucco
Lot & Land
Geolocation:
45.015366, -93.295951
Inclusions:
Building
Lot Dimensions:
50 x 127
Zoning:
- Business/Commercial
- Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$7,166
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,166
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Edina Realty, Inc..
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.