For Sale: Minneapolis MLS# 7106578
Active
$1,095,000
Commercial: Other
12 br • 5 ba • Built 1911
0.12 acres
Minneapolis schools
MLS# 7106578
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Property Description
This five-unit building offers a desirable unit mix, featuring four 2 bedroom, 1 bathroom units and one spacious 4 bedroom, 1 bathroom unit on the top floor. Rich in character, the property showcases original hardwood floors and built-ins. Inviting front and back porches provide additional outdoor living space, enhancing the property's charm and appeal. All units were remodeled in last 10-12 years. as well as rare front and back porches
Whether you're looking to expand your investment portfolio or own a well located multifamily property with strong rental potential, this building presents a great opportunity. Situated just minutes from Uptown, Downtown Minneapolis, and the Chain of Lakes, residents will enjoy easy access to neighborhood favorites including Lake of the Isles, Bde Maka Ska, the Midtown Greenway, Convenient access to public transportation and major roadways
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,095,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1911
State:
MN
Property Style:
Other
Zip Code:
55405
Neighborhood/Area:
47
Subdivision Name:
Lyndale Ave Add
Interior
Bedrooms:
12
Bathrooms:
5
Exterior
Stories:
Three Or More
Garage Spaces:
0
Foundation Size:
2,016 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Parking Lot
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.12
Geolocation:
44.957605, -93.28896
Inclusions:
Building
Lot Dimensions:
45 x 118
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$14,754
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$14,754
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Pemberton RE.
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.