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Active NEW!
$2,100,000
/mo Edit
Commercial:  Apartments
Built 1969
0.35 acres
Minneapolis schools
MLS# 6710049
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    Property Description

    Turnkey investment in a prime location! This fully renovated 17-unit property features 12 spacious 2-bedroom units and 5 comfortable 1-bedroom units. Includes 20 off-street parking spots and newer coin-operated laundry machines. Just steps from public transit (under 2 blocks) and minutes from the University of Minnesota campus. This is a must-see opportunity!

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartments
    Zip Code: 55414
    Neighborhood/Area: Marcy Holmes
    Subdivision Name: Thwings 3rd Add

    Exterior

    Garage Spaces: 0
    Other Parking Spaces: 20
    Air Conditioning: Wall Unit(s)
    Foundation Size: 5,122 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features:
    • Open
    • Paved
    Shared Amenities: Coin-op Laundry Owned
    Exterior Material: Brick/Stone

    Lot & Land

    Acres: 0.35
    Geolocation: 44.986472, -93.235962
    Inclusions: Building, Land, Leases
    Lot Dimensions: 98 x 158
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Tenant Expenses: Electricity

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $37,333
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $37,333

    Units

    Total Units: 17

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Payment:  /mo

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