Address
925 6th Street SE # & 617 10th Ave SE, Minneapolis, MN
Price
$ 2,999,900
Property Attributes
  • ID#6487735
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaMill Cos Add To St Anthony Falls
  • NeighborhoodMill Cos Add To St Anthony Falls
  • Zip55414
  • StyleApartment
  • Year Built1903
  • Taxes$ 47898
  • Price$ 2,999,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6930
  • Lot Size0.6 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots. 617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes. The third structure is the Carriage house, currently used for storage. 925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place. Detailed financials are available upon request.

Price History
2/9/2024 Listed $3,150,000
3/26/2024 5% - $2,999,900

General Features

Sewer City Sewer/Connected
Heating Hot Water
Utilities Electric Separate,Heating Separate,Hot Water Separate
Garage Spaces 10
Construction Materials Brick/Stone
Year Built 1903
Unit Number & 617 10th Ave SE
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Mill Cos Add To St Anthony Falls
Directions & 617 10th Ave SE Apartment Building
City Minneapolis
Buyer Agent Compensation 2.70
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 8
Street Name 6th
Land Lease Y/N No
Tax Annual Amount 47898
Additional Parcels Y/N No
Days on Market 46
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement (Y/N) No
Street Suffix Street
Fuel Natural Gas

Exterior Features

Parking Features Parking Garage,Parking Lot
Water Source City Water - In Street
Inclusions Building,Fixture/Equipment,Land,Leases
Lot Size Area 0.6
Building Area Total 6930
Lot Dimensions 132x190
Lot Size Units Acres
Foundation Area 2310

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55414

Price
AVG $1.71M
$3M
Taxes
AVG $44,384
$47,898
Visits
AVG 150
127
Data Provided by Inside Real Estate®
Year Built
AVG 1953
1903

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.