For Sale: Minneapolis MLS# 6739489
Active
NEW!
$998,900
Commercial: Apartments
Built 1913
0.15 acres
Minneapolis schools
MLS# 6739489
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Renovated in 2017; windows, kitchens, baths, appliances, 5 furnaces, roof - everything still in great condition and has been well-maintained.
Fully rented with leases up in June, July, and August for flexibility. Renters may want to extend their leases. Easy to keep filled, awesome Kingfield location!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$998,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1913
State:
MN
Property Style:
Apartments
Zip Code:
55409
Neighborhood/Area:
King Field
Subdivision Name:
Van Nests Add
Interior
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Dishwasher
- Range
- Refrigerator
Basement Details:
- Full
- Shared Access
- Storage Space
- Storage/Locker
- Unfinished
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
8
Air Conditioning:
Window Unit(s)
Foundation Size:
2,572 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Detached
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
- Ceiling Fan(s)
- Hardwood Floors
- Kitchen Window
- Tile Floors
Road Frontage:
City Street
Exterior Material:
Stucco
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.15
Geolocation:
44.931813, -93.280247
Inclusions:
Building, Leases
Lot Dimensions:
37 x 169
Zoning:
Residential-Multi-Family
Lot Description:
Some Trees
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$4,441
Annual Insurance Expense:
$3,824
Annual Maintenance Expense:
$2,090
Annual Gross Expense:
$12,871
Tenant Expenses:
Fuel
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$11,891
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$11,891
Income
Annual Gross Income:
$88,913
Rent
Annual Net Income:
$76,042
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating 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.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.