Price Reduction
Address
5740 Sander Drive, Minneapolis, MN
Price
$ 1,745,000
Property Attributes
  • ID#6529007
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaSanders 2nd Add
  • NeighborhoodSanders 2nd Add
  • Zip55417
  • StyleApartment
  • Year Built1964
  • Taxes$ 26229
  • Price$ 1,745,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15894
  • Lot Size0.28 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

Two Minneapolis Bossen Park area apartment buildings, to be purchased together [17 total units]. 5740 Sander is 11 Units (Ten large 1 BR Units, & One 2 BR Unit). 5753 Bossen Terrace is a 6 Unit building (Five 1 BR Units, & One Studio Unit). Owner has installed new carpeting in all units + hallways in the Bossen Terrace building; repainted all units + hallways in both buildings, and installed new appliances (refrigerators, AC units, toilets) in a majority of the total units within the last year.

Price History
5/2/2024 Listed $1,785,000
5/30/2024 3% - $1,745,000

General Features

Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Separate
Construction Materials Brick/Stone
Year Built 1964
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility None
Additional Parcels Description 1902823230093
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Sanders 2nd Add
Directions Easy freeway access to both properties via Crosstown Hwy 62; at either the 28th Ave or 34th Ave exits.
City Minneapolis
Buyer Agent Compensation 1.75
High School District Minneapolis
Zoning Description Residential-Multi-Family
NumberOfUnitsTotal 17
Lot Size Units Acres
Land Lease Y/N No
Tax Annual Amount 26229
Additional Parcels Y/N Yes
Days on Market 35
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement (Y/N) No
Fuel Natural Gas

Exterior Features

Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.28
Building Area Total 15894
Lot Dimensions 18049
Foundation Area 15894

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 55417

Price
AVG $1.75M
$1.75M
Taxes
AVG $26,229
$26,229
Visits
AVG 137
137
Data Provided by Inside Real Estate®
Year Built
AVG 1964
1964

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