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Active NEW!
$550,000
/mo Edit
Commercial:  2 Stories
Built 1959
0.14 acres
Minneapolis schools
MLS# 6758091
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    Property Description

    5-Unit building + caretaker office with separate entrance & bathroom. Caretaker office could possibly be converted to efficiency unit with city approval. Seward Neighborhood - Walking distance to Augsburg College and short bike ride to U of M. All units have windows on 3-sides. Individual units and common areas have some upgrades. Newer water heater and boiler. Great opportunity to build equity.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55404
    Neighborhood/Area: Seward
    Subdivision Name: Westfalls Add

    Interior

    Ceiling Height: 8-10
    Ranges: Five
    Refrigerators: Five
    Appliances Included:
    • Exhaust Fan
    • Range
    • Refrigerator
    Basement Details:
    • Block
    • Egress Window(s)
    • Full
    • Storage Space

    Exterior

    Stories: Two
    Garage Spaces: 0
    Other Parking Spaces: 5
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,708 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: Boiler
    Parking Features:
    • Parking Lot
    • Paved
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.14
    Geolocation: 44.960094, -93.242074
    Inclusions: Building
    Lot Dimensions: 30 x 30 x 157 x 19 x 158
    Zoning: Residential-Multi-Family
    Lot Description: Irregular Lot

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $10,706
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $11,006

    Income

    Annual Gross Income: $72,600

    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
    • Hot Water Common
    Water System: City Water/Connected

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.