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Active
Listed
$799,000
/mo   Edit
MLS# 5681632
Commercial
Built 1902
0.27 acres
Minneapolis schools
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    Description:   Easily rentable and well-maintained building on a beautiful street in Whittier Neighborhood. Please allow 24 hour notice for showings. High-performing and cashflowing property.
    List Price: $799,000
    Price/sq ft: None
    Property Type: Commercial
    Listing Status: Active
    Contingency: None
    Property Style: Apartments
    Year Built: 1902
    Neighborhood/Area: Whittier
    City: Minneapolis
    County: Hennepin
    State: MN
    Zip Code: 55404

    Interior

    Building Fin Sq Ft: 5,400 ft²
    Appliances Included: Range, Refrigerator, Other
    Basement Details: Full, Finished

    Exterior

    Air Conditioning: Window Unit(s)
    Heating System: Forced Air
    Foundation Size: 1,800 ft²
    Shared Amenities: Patio, Coin-op Laundry Owned
    Handicap Accessible: None
    Exterior Material: Brick/Stone, Stucco, Wood Siding
    Garage Spaces: 0
    Other Parking Spaces: 7
    Roof Details: Asphalt, Pitched

    Lot

    Acres: 0.27
    Latitude: 44.95852314
    Longitude: -93.28335760
    Lot Size Dim.: 91.3 X 129.9
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Tenant Expenses: Electricity, Cable TV, Other

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $12,310
    Assessment Pending: No
    Taxes w/ Assessments: $12,310

    Income

    Annual Gross Income: $94,369
    Total Annual Income: $72,960
    Total Monthly Income: $6,080
    Misc. Annual Income: $552
    Total Annual Rent 1: $6,960
    Total Annual Rent 2: $18,780
    Total Annual Rent 3: $6,600
    Total Annual Rent 4: $11,400
    Total Annual Rent 5: $12,168
    Total Annual Rent 6: $16,500

    Rent

    Annual Net Income: $59,292
    Annual Rent: $6,960

    Unit

    Total Rooms in Unit 1: 1
    Total Rooms in Unit 2: 3
    Total Rooms in Unit 3: 1
    Total Units: 6
    Number of Efficiencies: 1

    Miscellaneous

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

    Mortgage Calculator

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    Get to know our Home Mortgage Professionals

    Justin
    Larson
    Movement
    Jason
    Roaldson
    CrossCountry
    Jeff
    Zajac
    TruStone
    Justin Larson
    Loan Officer
    Movement Mortgage NMLS#1490922
    Justin, the "Mortgage Man", is a senior loan officer who works with one of the nation top mortgage companies, Movement Mortgage! Justin has a dedicate team to streamline the home loan process. As a Veteran of Operation Iraqi Freedom and Eagle Scout he has a "service to others" attitude that put him well above his peers in the mortgage industry. Honesty, trust and friendship through solid and open communication is how he has built his success in the industry. The American Dream of owning a home is one of the largest purchases of most people lives. It’s a long process that can be frustrating, scary, and really confusing. He experienced this when purchasing his first couple of homes and looking back he wished he had a friend that would take the time to educate him on the best options for him and his family. This is the driving force of why I got into this industry.
    320-296-9177

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