Price Reduction
Address
111 E Franklin Avenue # 303, Minneapolis, MN
Price
$ 225,000
Property Attributes
  • ID#6476895
  • TypeCondos
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaFranklin Lofts
  • NeighborhoodFranklin Lofts
  • Zip55404
  • StyleLow Rise
  • Year Built2004
  • Taxes$ 2586
  • Price$ 225,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage960
Data Source:
Northstar MLS (NSTAR)
Property Description

Bright and airy top floor unit boasting two full banks of east facing windows overlooking the private courtyard. Tastefully updated, loft-style floorplan features split entry bathroom, concrete floors and soaring13 ft open truss ceilings. Comes with storage, prime underground heated parking, plus ample guest and off street parking. Healthy Franklin Lofts HOA has a strong sense of community. These unique spaces were transformed into residences from a previous Art Moderne office building in 2004. Ideal location. Walking distance to many international dining options along Eat Street and Nicollet Mall. The Minneapolis of Art Institute and scenic Washburn Fair Oaks Park are just steps away.

Price History
1/26/2024 Listed $229,900
4/30/2024 3% - $225,000

General Features

Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Flat
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Washer
HOA 637
Garage Spaces 1
Association Fee Includes Maintenance Structure,Cable TV,Hazard Insurance,Maintenance Grounds,Parking,Professional Mgmt,Trash,Shared Amenities,Snow Removal,Water
Construction Materials Brick/Stone
Year Built 2004
Levels One
Unit Number 303
Property SubType Low Rise
Tax Year 2023
Accessibility Accessible Elevator Installed,Wheelchair Ramp(s)
Additional Parcels Description 3402924120162
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Common Garden,Concrete Floors & Walls,Elevator(s),Fire Sprinkler System,Lobby Entrance,Patio,Security
HOA / Comm Assn Yes
Contingency None
Subdivision Name Franklin Lofts
Directions East on Franklin from Nicollet Ave. South on 2nd Ave S. West on E 22nd St. North on Stevens. Left into guest parking. Entrance on South side of building.
City Minneapolis
Buyer Agent Compensation 2.70
Association Name Omega Property Management
High School District Minneapolis
Zoning Description Residential-Multi-Family
Street Name Franklin
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2586
Additional Parcels Y/N Yes
Days on Market 88
Standard Status Active
Restrictions Mandatory Owners Assoc,Other Bldg Restrictions,Other,Pets - Cats Allowed,Pets - Dogs Allowed,Pets - Number Limit,Pets - Weight/Height Limit
Lender Owned No
Amenities Unit Ceiling Fan(s),Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet
Buyer Agent Compensation Type %
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Above Grade Finished Area 960
Full Baths 1
Street Suffix Avenue
Total Bedrooms 2
Room Type Living Room,Dining Room,Kitchen,Bedroom 1,Bedroom 2,Utility Room
Total Baths 1
Bath Desc Main Floor Full Bath,Walk Thru
Dining Room Description Informal Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Attached Garage,Garage Door Opener,Heated Garage,More Parking Onsite for Fee,Underground
Lot Features Zero Lot Line
Water Source City Water/Connected
Lot Size Units Acres
Foundation Area 960

Amenities

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

Property vs Condos Average in 55404

Price
AVG $210K
$230K
Taxes
AVG $3,572
$2,586
Visits
AVG 144
243
Data Provided by Inside Real Estate®
Year Built
AVG 1975
2004

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