Property Attributes
- ID#6477918
- TypeCommercial
- CountyHENNEPIN
- CityMinneapolis
- AreaRemingtons Add
- NeighborhoodRemingtons Add
- Zip55404
- Style
- Year Built1929
- Taxes$ 16330
- Price$ 1,075,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage9480
- Lot Size6,534 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description
VINTAGE THREE STORY APARTMENT BUILDING BUILT IN 1929 WITH 9,480 SQ FT. 9 UNITS WITH 4-ONE BEDROOMS, 4-EFFICIENCES, AND 1-THREE BEDROOM, 4 ONSITE PARKING SPACES. NEW ROOF IN 2016. NEW BOILER IN 2022. SOME OF THE UNITS HAVE BEEN REMODELED WITH NEWER WINDOWS. THE BUILDING HAS BEEN DESIGNATED AN HISTORIC APARTMENT BUILDING BY THE MINNEAPOLIS HERITAGE PRESERVATION COMMISSION. CLOSE TO THE MINNEAPOLIS INSTITUTE OF ARTS.
Price History | |
---|---|
1/16/2024 | Listed $1,125,000 |
3/27/2024 | 5% - $1,075,000 |
General Features
Sewer | City Sewer/Connected |
---|---|
Heating | Boiler,Hot Water |
Cooling | Window Unit(s) |
Utilities | Heating Common |
Roof | Age 8 Years or Less,Asphalt,Pitched |
Appliances | Cooktop,Dishwasher,Dryer,Gas Water Heater,Range,Refrigerator,Washer |
Garage Spaces | 1 |
Construction Materials | Brick/Stone |
Year Built | 1929 |
Tenant Pays | Electricity |
Levels | Three Or More |
Tax Year | 2024 |
Current Use | Residential |
Gross Income | 94800 |
OwnerPays | Fuel,Insurance,Grounds Care,Repairs,Snow Removal,Taxes,Trash Collection,Water |
Accessibility | None |
County | Hennepin |
Net Operating Income | 48185 |
Insurance Expense | 4710 |
Property Type | Commercial Sale |
Association Amenities | Coin-op Laundry Owned |
Contingency | None |
MaintenanceExpense | 7250 |
Subdivision Name | Remingtons Add |
Directions | W Franklin Ave to 2nd Ave S |
City | Minneapolis |
Buyer Agent Compensation | 2.25 |
High School District | Minneapolis |
Zoning Description | Residential-Single Family |
Total Units | 9 |
Street Name | 2nd |
Land Lease Y/N | No |
Tax Annual Amount | 16330 |
Electric Expense | 1760 |
Fuel Expense | 8100 |
Water Sewer Expense | 2465 |
Additional Parcels Y/N | No |
Days on Market | 77 |
Standard Status | Active |
Lender Owned | No |
Amenities Unit | Hardwood Floors,Tile Floors |
Buyer Agent Compensation Type | % |
PostalCity | Minneapolis |
Interior Features
Basement (Y/N) | No |
---|---|
Street Suffix | Avenue |
Fuel | Natural Gas |
Exterior Features
Parking Features | Detached,Asphalt,Paved,Unassigned |
---|---|
Lot Features | Tree Coverage - Medium |
Water Source | City Water/Connected |
Inclusions | Building,Fixture/Equipment |
Lot Size Area | 0.15 |
Building Area Total | 9480 |
Lot Dimensions | 50x127 |
Lot Size Units | Square Feet |
Foundation Area | 3160 |
Road Frontage Type | City Street,Curbs,Paved Streets,Sidewalks |
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