For Sale: Minneapolis MLS# 6729660
Active
NEW!
$598,000
Commercial: Apartments
Built 1900
0.21 acres
Minneapolis schools
MLS# 6729660
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Property Description
This is a 13-room lodging house in the heart of Dinkytown. It has 2 kitchens and 3 bathrooms. Completely updated and refinished in 2005 with ongoing updates as needed. This property must be purchased with the neighboring property at 1320 7th St SE (also listed). The 2 share a parking lot which is an important asset for leasing.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$598,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Apartments
Zip Code:
55414
Neighborhood/Area:
Marcy Holmes
Subdivision Name:
University Add
Interior
Ceiling Height:
8-10
Ranges:
Two
Refrigerators:
Two
Appliances Included:
- Range
- Refrigerator
Basement Details:
- Owner Access
- Shared Access
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
8
Air Conditioning:
Window Unit(s)
Foundation Size:
1,508 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Hot Water
Parking Features:
Parking Lot
Shared Amenities:
- Coin-op Laundry Owned
- Porch
Unit Amenities:
Hardwood Floors
Exterior Material:
Wood Siding
Lot & Land
Acres:
0.21
Geolocation:
44.983387, -93.234027
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
55 x 165
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,270
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,270
Income
Annual Gross Income:
$86,340
Rent
Annual Net Income:
$53,899
Units
Total Units:
13
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Grand Realty, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.