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Active NEW!
$1,999,900
/mo Edit
Commercial:  Apartments
Built 1916
0.41 acres
Minneapolis schools
MLS# 6724331
My rating:
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    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartments
    Zip Code: 55404
    Neighborhood/Area: Seward
    Subdivision Name: Murphys Add

    Interior

    Appliances Included:
    • Freezer
    • Range
    • Refrigerator

    Exterior

    Garage Spaces: 0
    Garage Dimensions: 0
    Garage Door Height: 0
    Garage Door Width: 0
    Other Parking Spaces: 12
    Air Conditioning: Window Unit(s)
    Foundation Size: 1,700 ft2
    Foundation Dimensions: 35*48
    Handicap Accessible: None
    Heating System:
    • Boiler
    • Radiator(s)
    Parking Features:
    • Asphalt
    • Open
    • Parking Lot
    • Paved
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.41
    Geolocation: 44.962992, -93.242985
    Inclusions: Other
    Lot Dimensions: 165 X 107
    Zoning: Residential-Multi-Family

    Schools

    School District: 1
    District Phone: 612-668-0000

    Expenses

    Annual Electric Expense: $1,000
    Annual Fuel Expense: $1,000
    Annual Insurance Expense: $18,000
    Annual Maintenance Expense: $10,000
    Annual Gross Expense: $168,000
    Annual Trash Expense: $2,500
    Tenant Expenses: Electricity, Gas

    Financial & Taxes

    Tax Year: 2023
    Annual Taxes: $34,921
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $36,418

    Income

    Annual Gross Income: $254,400

    Rent

    Annual Net Income: $86,400

    Units

    Total Units: 16

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Separate
    • Hot Water Separate
    Water System: City Water/Connected

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    Payment:  /mo

    Listing provided by RMLS, courtesy of Caspian Group.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.