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515 5th Street SE

Minneapolis, MN 55414
  • $1,600,000
  • STATUS: Active
  • ON SITE: 33 Days
  • ID#: 6256639
$1,600,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Keller Williams Integrity Re.

Description

Here is your chance to own a rarely available, easily maintained 1960's brick 11 unit apartment building right next to the U of M campus! All units are two bedrooms with a basement 3 bedroom conversion to boot. Priced below the tax assessed values for both 2021 and 2022. This property is neat, tidy, square, and easy to maintain with full brick exterior and newer flat roof. Huge rear parking lot with space for every unit. Mechanicals have been meticulously maintained. Long term owner who has been very active in maintaining great condition throughout. Never have an issue with vacancy again! This location is special, don't miss out on this opportunity.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Odd Couple Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Odd Couple Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Odd Couple Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-06T00:22:13.627.

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515 5th Street SE Minneapolis, MN 55414

  • Price: $1,600,000
  • Status: Active
  • On Site: 33 Days
  • ID#: 6256639
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1900
Built
Neighborhood:
Mill Cos Add To St Anthony Fal
County:
Hennepin
Area:
Marcy Holmes
School District:
1 - Minneapolis
Property Description
Here is your chance to own a rarely available, easily maintained 1960's brick 11 unit apartment building right next to the U of M campus! All units are two bedrooms with a basement 3 bedroom conversion to boot. Priced below the tax assessed values for both 2021 and 2022. This property is neat, tidy, square, and easy to maintain with full brick exterior and newer flat roof. Huge rear parking lot with space for every unit. Mechanicals have been meticulously maintained. Long term owner who has been very active in maintaining great condition throughout. Never have an issue with vacancy again! This location is special, don't miss out on this opportunity.
Exterior Features

Construction Materials Brick/Stone Foundation Area 3888 Levels Two Lot Features Public Transit (W/In 6 Blks)Tree Coverage - Light Lot Size Dimensions 66X165 Parking Features AsphaltPaved Parking Open 12 Road Frontage Type City StreetCurbsPaved StreetsSidewalks Roof FlatRubber Topography Level

Interior Features

Amenities Unit Ceiling Fan(S)Main Floor Primary BedroomNatural Woodwork Appliances RangeRefrigerator Basement BlockDaylight/Lookout WindowsEgress Window(S)FinishedFullPartially FinishedStorage/Locker Heating Boiler Refrigerator Num One

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use Residential Foreclosure Status No Fuel Natural Gas Gross Income 156000 Inclusions BuildingLeases Land Lease Amount 0 Lender Owned No Owner Pays FuelRepairsSnow RemovalTaxesTrash CollectionWater Postal City Minneapolis Potential Short Sale No Property Sub Type Apartment Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 27260 Tax With Assessments 27260.0000 Tax Year 2022 Tenant Pays Cable TvElectricity Utilities None Water Source City Water/ConnectedCity Water - In Street Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Keller Williams Integrity Re: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Odd Couple Team are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Odd Couple Team is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Odd Couple Team, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-06T00:22:13.627.

Click here for Digital Millennium Copyright Act
 
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The Odd Couple Team
1460 Grand Ave.
St. Paul MN, 55105
NorthstarMLS] logo Listing courtesy of Keller Williams Integrity Re.