For Sale: Minneapolis MLS# 6720910
Active
NEW!
$940,000
Commercial: Other
Built 1929
0.15 acres
Minneapolis schools
MLS# 6720910
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Property Description
VINTAGE THREE STORY APARTMENT BUILDING BUILT IN 1929 WITH 9, 480 SQ FT. 9 UNITS WITH 4-ONE BEDROOMS, 4-EFFICIENCES, AND 1-THREE BEDROOM, 4 ONSITE PARKING SPACES. NEW ROOF IN 2016. NEW BOILER IN 2022. SOME OF THE UNITS HAVE BEEN REMODELED WITH NEWER WINDOWS. THE BUILDING HAS BEEN DESIGNATED AN HISTORIC APARTMENT BUILDING BY THE MINNEAPOLIS HERITAGE PRESERVATION COMMISSION. CLOSE TO THE MINNEAPOLIS INSTITUTE OF ARTS.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$940,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
1
County:
Hennepin
Year Built:
1929
State:
MN
Property Style:
Other
Zip Code:
55404
Neighborhood/Area:
Whittier
Subdivision Name:
Remingtons Add
Interior
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Cooktop
- Dishwasher
- Dryer
- Gas Water Heater
- Range
- Refrigerator
- Washer
Exterior
Stories:
Three Or More
Garage Spaces:
1
Other Parking Spaces:
3
Air Conditioning:
Window Unit(s)
Foundation Size:
3,160 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Parking Features:
- Asphalt
- Detached
- Paved
- Unassigned
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
- Hardwood Floors
- Tile Floors
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
Exterior Material:
Brick/Stone
Roof Details:
- Age 8 Years or Less
- Asphalt
- Pitched
Lot & Land
Acres:
0.15
Geolocation:
44.962038, -93.274372
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
50 x 127
Zoning:
Residential-Single Family
Lot Description:
Many Trees
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$6,000
Annual Electric Expense:
$2,045
Annual Fuel Expense:
$8,085
Annual Insurance Expense:
$5,370
Annual Maintenance Expense:
$7,650
Annual Gross Expense:
$42,145
Annual Water/Sewer Expense:
$2,535
Tenant Expenses:
Electricity
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$15,417
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$15,417
Income
Annual Gross Income:
$98,640
Rent
Annual Net Income:
$56,495
Units
Total Units:
9
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
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.