For Sale: Minneapolis MLS# 6708563
Active
$1,300,000
Commercial: Apartments
Built 1927
0.23 acres
Minneapolis schools
MLS# 6708563
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Beautiful Brownstone building in a high demand rental area. 10 units, several updates have been done in the building.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,300,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
4
County:
Hennepin
Year Built:
1927
State:
MN
Property Style:
Apartments
Zip Code:
55411
Neighborhood/Area:
Hawthorne
Subdivision Name:
The Oakland Add
Exterior
Garage Spaces:
4
Other Parking Spaces:
4
Foundation Size:
3,198 ft2
Handicap Accessible:
None
Heating System:
Boiler
Parking Features:
On-Street Parking Only
Exterior Material:
Brick/Stone
Lot & Land
Acres:
0.23
Geolocation:
45.012874, -93.291902
Inclusions:
Business, Land
Lot Dimensions:
0
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Electric Expense:
$965
Annual Fuel Expense:
$5,900
Annual Insurance Expense:
$9,400
Annual Maintenance Expense:
$1,600
Annual Gross Expense:
$86,000
Annual Trash Expense:
$3,900
Annual Water/Sewer Expense:
$5,700
Tenant Expenses:
Electricity, Gas
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$13,116
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$13,116
Income
Annual Gross Income:
$133,600
Rent
Annual Net Income:
$47,000
Units
Total Units:
10
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 - In Street
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of Rize Realty.
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.