For Sale: Minneapolis MLS# 6561135
Active
$469,000
Commercial: 2 Stories
Built 1926
0.18 acres
Minneapolis schools
MLS# 6561135
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Property Description
You do not want to miss this great investment and cash flowing opportunity! Nicely located in the Longfellow neighborhood of Minneapolis and close to several local amenities, Easy access to major roadways and public transportation.
This beauty consists of four commercial spaces and one 2 bed/1 bath unit, Many of the units have been rented with long term tenants, 11 Parking spots and on-street parking too! 1 Loading Docks for each lower space.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$469,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1926
State:
MN
Property Style:
2 Stories
Zip Code:
55406
Neighborhood/Area:
Longfellow
Subdivision Name:
South Minneapolis Add
Interior
Ranges:
One
Refrigerators:
One
Appliances Included:
- Gas Water Heater
- Range
- Refrigerator
Basement Details:
- Block
- Concrete
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
0
Air Conditioning:
None
Foundation Size:
2,320 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Asphalt
- Guest Parking
- On-Street Parking Only
- Other
- Paved
Shared Amenities:
Other
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Exterior Material:
- Block
- Stucco
Roof Details:
- Age Over 8 Years
- Rubber
Lot & Land
Acres:
0.18
Geolocation:
44.948621, -93.22342
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
92.32 x 86
Zoning:
Business/Commercial
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Tenant Expenses:
Cable TV, Electricity
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$12,182
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$12,182
Income
Annual Gross Income:
$55,140
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Manufacturing
- Office
- Other
- Professional Service
- Residential
- Warehouse
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water 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.