Description
Excellent opportunity for cash flowing investment in South Minneapolis. This Multi Unit Building is fully rented and recently remodeled. Call for a tour today.
MLS ID: 6567442
Directions: HIAWATHA TO 24TH ST, WEST TO PROPERTY
Type: Commercial
1890 Year Built
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Property Details
Essential Details
MLS #: 6567442
Listing courtesy of: Realty Inc
Price: $1,100,000
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Business/Commercial
Current Use: Professional/Office, Commercial, Office, Professional Service, Retail
Total Units: 7
Annual Gross Income: $103,200
Net Operating Income: $84,822
Operating Expense: $18,378
Annual Gross Expense: $0
Tenant Pays: Electricity, Fuel
Parking Features: On-Street Parking Only
Building Details
Owner Occupied: No
Construction Materials: Stucco
AccessibilityFeatures: None
Roof: Flat
Heating: Other
Style: Retail
Year Built: 1890
Foundation Area: 2,885
Amenities - Unit: Hardwood Floors
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Number of Ranges: Four
Number of Refrigerators: Four
Utilities: Electric Separate, Heating Separate
Lot Details
Lot Dimensions: 55X82
School Information
District: Minneapolis
District Number: 1
District Phone: 612-668-0000
Community Information
County: Hennepin
Taxes
Tax Year: 2023
Tax Amount: $13,876
Assessment Pending: No
Taxes w/Assessments: $13,876
This listing was last updated by Realty Inc on 7/19/2024 at 9:06 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 9/7/2024 10:05 pm.
Copyright 2024 Regional Multiple Listing Service of Minnesota, Inc.
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Castle Realty of Twin Cities are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
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