Pending
515 5th Street SE
Minneapolis MN, 55414
$1,600,000
$149.64 per sqft
Pending
10,692 sqft
Commercial
Built in 1960
Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently
updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well
maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a
quiet and well leased location for your next investment property.
6591344
MLSⓇ ID
August 23, 2024
Listed
November 18, 2024
Updated
Map
515 5th Street SE
Minneapolis MN, 55414
Interior Features
Total Stories
2
Appliances
Range, Refrigerator
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Boiler
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Public Transit (w/in 6 blks), Tree Coverage - Light
Roof
Flat, Rubber
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$27,260
Tax Frequency
Annually
Days on Market
22
Garage
No
Parking
Asphalt, Paved
View
No
County
Hennepin
Water Source
City Water/Connected, City Water - In Street
Pool
No
Courtesy of Keller Williams Integrity Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Roost Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 7:41 PM UTC, 11/18/2024