Address
3643 Penn Avenue N, Minneapolis, MN
Price
$ 1,343,000
Property Attributes
  • ID#6467927
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaOak Wood Add
  • NeighborhoodOak Wood Add
  • Zip55412
  • StyleApartment
  • Year Built1970
  • Taxes$ 21598
  • Price$ 1,343,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage12533
  • Lot Size0.37 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

3643 Penn Ave N is a stately brick 17-unit building with potential opportunity for an 18th, unit. Built in 1970 with off-street parking and a large lot adjacent to the build. Front and back entries have double glass security doors and ceramic tile floors. High efficiency boiler installed in 2017, 3 hot water heaters, electrical upgrades roof is new in 2012. Excellent opportunity.

Price History
12/28/2023 Listed $1,436,500
3/21/2024 7% - $1,343,000

General Features

Sewer City Sewer/Connected
Heating Boiler,Hot Water
Utilities Electric Separate,Heating Common,Hot Water Common
Construction Materials Brick/Stone
Year Built 1970
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Oak Wood Add
Directions I-94 West to Dowling Ave N. Left on Dowling,Left on Penn Ave.
City Minneapolis
Buyer Agent Compensation 1.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 17
Street Name Penn
Land Lease Y/N No
Tax Annual Amount 21598
Additional Parcels Y/N No
Days on Market 84
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

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

Exterior Features

Parking Features Open
Water Source City Water/Connected
Inclusions Building,Fixture/Equipment,Inventory,Land,Leases
Lot Size Area 0.37
Building Area Total 12533
Lot Dimensions 128x127
Lot Size Units Acres
Foundation Area 4203

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 55412

Price
AVG $1.1M
$1.34M
Taxes
AVG $19,041
$21,598
Visits
AVG 116
216
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1970

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.