$1,900,000

1724 Rollins Avenue SEMinneapolis, MN 55414

Type: Commercial

1958 Year Built

Description

Incredible Investment Opportunity! All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream!

MLS ID: 6401466

Directions: Kasota Ave/Energy Park Drive (CR32) to SE Elm, left, follow to property on right.

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an Agent

Property Details

Essential Details

MLS #: 6401466

Listing courtesy of: RE/MAX Professionals

Price: $1,900,000

Type: Commercial

Contingency: None

Foreclosure: No

Zoning: Residential-Multi-Family

Current Use: Residential

Total Units: 14

Net Operating Income: $113,492

Parking Features: Detached

Building Details

Construction Materials: Stucco

AccessibilityFeatures: None

Heating: Hot Water

Style: Apartment

Year Built: 1958

Foundation Area: 1,920

Sewer: City Sewer/Connected

Water Source: City Water/Connected

Utilities: Electric Separate, Heating Common, Hot Water Common

Lot Details

Complex/Dev/Sub Name: Mcmillans Sub Blks Rollins Add

Lot Dimensions: 165x59

School Information

District: Minneapolis

District Number: 1

District Phone: 612-668-0000

Community Information

County: Hennepin

Survey Range: 24

Survey Section: 24

Survey Township: 29

Taxes

Tax Year: 2023

Tax Amount: $12,286

Assessment Pending: No

Taxes w/Assessments: $11,671

This listing was last updated by RE/MAX Professionals on 8/16/2023 at 3:09 pm.

Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.

Records last updated at 11/23/2024 5:05 am.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity^SM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Rochester are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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