For Sale: Minneapolis MLS# 6635744
Active
$899,900
Commercial: Apartments
Built 1900
0.15 acres
Minneapolis schools
MLS# 6635744
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Property Description
Terrific Lowry Hill East location, convenient to so many things and minutes to downtown. Spacious and unique multi unit building. Five 1 bedroom units. Two of the units have their own private entrances too. Three 1 bedroom efficiencies that share a common kitchen and bath. Seller has owner occupied and has a terrific history of renting these units on monthly basis. Lots of updates in recent years, updated roof, chimneys, driveway, updated water lines, updated decor and so much more. Two of the one bedroom units have beautiful fireplaces. In floor heating for the lower level bedrooms, combination of hot water and forced air for other units. Combination of some window a/c and split ducts too in some units. All appliances stay including shared washer/ dryer in lower level. Three car garage plus additional off street parking. Seller will leave all the units mostly furnished and ready for you to rent the units.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$899,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Apartments
Zip Code:
55405
Neighborhood/Area:
Lowry Hill East
Subdivision Name:
Sunnyside Add
Interior
Ranges:
Five
Refrigerators:
Six or More
Basement Details:
- Egress Window(s)
- Finished
- Full
Exterior
Stories:
Three Or More
Garage Spaces:
3
Garage Dimensions:
32 x 22
Garage Size:
704 ft2
Other Parking Spaces:
4
Air Conditioning:
Ductless Mini-Split, Window Unit(s)
Foundation Size:
1,156 ft2
Handicap Accessible:
None
Heating System:
- Forced Air
- Hot Water
- Radiant Floor
Parking Features:
- Concrete
- Detached
- Garage Door Opener
Shared Amenities:
Other
Unit Amenities:
- Hardwood Floors
- Kitchen Center Island
- Natural Woodwork
- Tile Floors
Road Frontage:
City Street
Exterior Material:
Wood Siding
Roof Details:
- Asphalt
- Pitched
Rooms
Shared Rooms:
Other
Lot & Land
Acres:
0.15
Geolocation:
44.961282, -93.289651
Inclusions:
Building, Fixture/Equipment, Land
Lot Dimensions:
48 x 134
Zoning:
Residential-Multi-Family
Lot Description:
Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Fuel Expense:
$2,495
Annual Insurance Expense:
$5,080
Annual Trash Expense:
$3,347
Annual Water/Sewer Expense:
$4,800
Tenant Expenses:
None
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$9,715
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,715
Income
Annual Gross Income:
$121,200
Units
Total Units:
8
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
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 Twin Oaks 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.