For Sale: Minneapolis MLS# 6428729
Active
$1,995,000
Commercial: Apartments
Built 1902
0.23 acres
Minneapolis schools
MLS# 6428729
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Property Description
One of a Kind upscale building constructed and contracted by the owner! This was 12 apartments which were gutted and made into 6, over the top units. Virtually a brand new building with a beautiful brownstone exterior. To see it is to love it! It is very close to US bank Stadium being the first building over the 11th Ave. Bridge just past Augustana. The entire top of the parking canopy has solar panels. Rents are low for these Class A Units. Could be good for a Group Home or Assisted Living or Supported Living. Could be ideal for an Owner Occupant to live for free and have the lessees pay off the building. Unit #4 was built for handicap. There is a platform lift to it for access. Comes Completely Furnished.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,995,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1902
State:
MN
Property Style:
Apartments
Zip Code:
55404
Neighborhood/Area:
Ventura Village
Subdivision Name:
J S & W Elliots Add
Interior
Ceiling Height:
8-10
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Microwave
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
- Finished
- Full
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
6
Air Conditioning:
Central Air
Foundation Size:
2,947 ft2
Handicap Accessible:
Partially Wheelchair
Heating System:
Forced Air
Parking Features:
- Carport
- Concrete
- Covered
- More Parking Offsite for Fee
- Paved
Shared Amenities:
- Common Garden
- Patio
- Security
Unit Amenities:
- City View
- Ethernet Wired
- In-Ground Sprinkler
Exterior Material:
Brick/Stone
Lake & Waterfront
Waterfront View:
City Lights
Lot & Land
Acres:
0.23
Geolocation:
44.964977, -93.258636
Inclusions:
Building, Fixture/Equipment, Other
Lot Dimensions:
150 x 68
Zoning:
Residential-Multi-Family
Lot Description:
- Corner Lot
- Public Transit (w/in 6 blks)
- Tree Coverage - Medium
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Electric Expense:
$4,800
Annual Fuel Expense:
$3,000
Annual Insurance Expense:
$8,750
Annual Trash Expense:
$2,100
Annual Water/Sewer Expense:
$3,000
Tenant Expenses:
Cable TV, Electricity, Fuel
Financial & Taxes
Tax Year:
2023
Annual Taxes:
$18,217
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$18,217
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Bridge Realty, LLC.
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.