For Sale: Minneapolis MLS# 6789742
Active
$1,125,000
Commercial: Apartments
Built 1929
0.13 acres
Minneapolis schools
MLS# 6789742
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Property Description
Step into a rare investment opportunity with this well-cared-for 10-unit property, each offering a 1-bedroom, 1 bath layout designed for comfort and easy living. Tenants will appreciate the beautifully maintained building and shared laundry facilities. Included is the adjacent lot PID #0302824110157 which adds valuable flexibility-perfect for outdoor amenities, or future development. This property is move-in ready for its next owner and is ideal for a hands-off investor, or owner looking to expand their portfolio. Pride of ownership is evident throughout, making this a solid, reliable choice with lasting appeal.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,125,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1929
State:
MN
Property Style:
Apartments
Zip Code:
55408
Neighborhood/Area:
Central
Subdivision Name:
Third Ave Add
Interior
Ranges:
One Per Unit
Refrigerators:
One Per Unit
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Daylight/Lookout Windows
- Storage Space
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
0
Foundation Size:
3,150 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
None
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
Hardwood Floors
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Age Over 8 Years
Lot & Land
Acres:
0.13
Geolocation:
44.945751, -93.272451
Inclusions:
Building, Leases, Rental License
Lot Dimensions:
45 x 128
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Public Transit (w/in 6 blks)
- Some Trees
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$17,307
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$17,307
Units
Total Units:
10
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer - In Street
Available Utilities:
- Electric Separate
- Heating Separate
- Hot Water Separate
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 Kubes 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.