My notes for this property


Add listing to my favorites (required)
Pending
$850,000
/mo   Edit
MLS# 5281809
Commercial
Built 1960
0.27 acres
Minneapolis schools
My rating:
Request a Showing:
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.

    Agree to Terms & Conditions

    Thank You

    An agent will contact you soon.

    Description:   Solid building with 11 1bed/1bath units. Close to freeway, airport, mall, shopping, bus stop. Owned coin op laundry, security cameras, motion hallway LED lights. Cash Flow!
    List Price: $850,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Pending
    Contingency: None
    Year Built: 1960
    Neighborhood/Area: Wenonah
    City: Minneapolis
    Zip Code: 55417

    Interior

    Building Fin Sq Ft: 7,380 ft²
    Total Ranges: One Per Unit
    Total Refrigerators: One Per Unit

    Exterior

    Air Conditioning: Wall
    Heating System: Boiler, Baseboard
    Foundation Size: 2,560 ft²
    Shared Amenities: Coin-op Laundry Owned
    Handicap Accessible: None
    Exterior Material: Brick/Stone, Stucco
    Garage Spaces: 0
    Other Parking Spaces: 10

    Lot

    Acres: 0.27
    Latitude: 44.89833200
    Longitude: -93.22575400
    Lot Size Dim.: 120.00 X 101.00
    Dev/Complex Name: Sanders 2nd Add
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Caretaker Expense: $1,200
    Annual Electric Expense: $568
    Annual Fuel Expense: $3,150
    Annual Insurance Expense: $1,918
    Annual Maintenance Expense: $1,100
    Annual Repair Expense: $1,100
    Annual Gross Expense: $27,986
    Annual Trash Expense: $1,190
    Annual Water/Sewer Expense: $3,100
    Owner Expenses: Taxes, Insurance, Maintenance/Repair, Trash, Snow, Lawn, Fuel
    Tenant Expenses: Water/Sewer, Electric, Cable T.V.

    Financial & Taxes

    Tax Year: 2019
    Annual Taxes: $11,676
    Assessment Pending: Unknown
    Taxes w/ Assessments: $11,676

    Income

    Annual Gross Income: 118800.00

    Rent

    Annual Net Income: $90,814

    Unit

    Total Rooms in Unit 1: 11
    Total Rooms in Unit 2: 0
    Total Rooms in Unit 3: 0
    Total Units: 11
    Number of Efficiencies: 0

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: N
    Sale Includes: Building, Land, Leases
    Sewer System: City Sewer/Connected
    Utilities: Heating Common, Electric Separate
    Water System: City Water/Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Get to know our Home Mortgage Professionals

    Chrissy
    Von Itter
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Chrissy Von Itter
    Senior Loan Officer
    Movement Mortgage NMLS#642509
    Whether you're buying, selling, refinancing, or building your dream home, you have a lot riding on your loan officer. Since market conditions and mortgage programs change frequently, you need to make sure you're dealing with a top professional who is able to give you quick and accurate financial advice. As an experienced loan officer, I have the knowledge you need to explore the many financing options available. Ensuring that you make the right choice for you and your family is my ultimate goal, and I am committed to providing my customers with mortgage services that exceed their expectations. After you've applied, I'll call you to discuss the details of your loan, or you may choose to set up an appointment with me using my online form. As always, you may contact me anytime by phone, fax or email for personalized service and expert advice. I look forward to working with you.
    612-227-1895

     Residential Loan Pre-Qualification Form

    To get started on your loan pre-qualification, please complete the form below. A loan officer will need to gather additional information in order to determine your eligibility for a loan.

    to

    I would like to get pre-qualified:  

    I am interested in buying:  

    I plan to use my new home as:  

    I want to finance using:  

    Loan term:  

    I am interested in down payment assistance:  

    Down payment amount:  

    I am married:  

    I am currently renting:  

    My credit score:  

    Comments/Questions:  

    Listing provided by RMLS, courtesy of Chasing Dreams Real Estate LLC