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Active NEW!
$427,000
/mo Edit
Commercial:  Apartments
Built 1904
0.14 acres
Minneapolis schools
MLS# 6764873
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    Property Description

    Five-unit, three-story rental property near U.S. Bank Stadium. Features an extra bonus room on the main floor. Originally a stunning turn-of-the-century single-family home, much of the original millwork remains. The property could remain a five-unit building or potentially be reconfigured. Located on quiet, low-traffic 10th Avenue, surrounded by mature trees. Includes basement laundry, a newer boiler, and vinyl siding.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartments
    Zip Code: 55404
    Neighborhood/Area: Elliot Park

    Interior

    Ranges: Five
    Refrigerators: Five
    Appliances Included:
    • Range
    • Refrigerator
    Basement Details:
    • Full
    • Unfinished

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Other Parking Spaces: 0
    Foundation Size: 1,408 ft2
    Foundation Dimensions: 44x32
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: On-Street Parking Only
    Exterior Material: Vinyl Siding

    Lot & Land

    Acres: 0.14
    Geolocation: 44.96692, -93.259377
    Inclusions: Building, Land, Leases, Rental License
    Lot Dimensions: 64 x 94
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Gross Expense: $24,972
    Tenant Expenses: Cable TV, Electricity

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $7,934
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,934

    Income

    Annual Gross Income: $33,096

    Rent

    Annual Net Income: $8,125

    Units

    Total Units: 6

    Miscellaneous

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

    Mortgage Calculator

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    Payment:  /mo

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