515 5th ST SE, Minneapolis, MN 55414 - MLS#6591344

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Brandon Anderson

brandon@brandonanderson.com +1(612) 490-0638

$1,600,000

Est. payment - /mo

0.25 Acres Lot

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UPDATED:

11/18/2024 07:00 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

Subdivision Mill Cos Add To St Anthony Fal

MLS Listing ID 6591344

Year Built 1960

Annual Tax Amount $27,260

Tax Year 2022

Contingent None

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66x165

Property Description

Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently
updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well
maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a
quiet and well leased location for your next investment property.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Basement Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Partially Finished, Storage/Locker

Interior

Heating Boiler

Inclusions Building, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Garage Asphalt, Paved

Utilities Available None

Roof Type Flat,Rubber

Present Use Residential

Parking Type Asphalt, Paved

Building

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light

Story Two

Foundation 3888

Sewer City Sewer/Connected

Water City Water/Connected, City Water - In Street

Level or Stories Two

Structure Type Brick/Stone

Schools

School District Minneapolis

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Listed by Jason Koenig • Keller Williams Integrity Realty

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Brandon Anderson

+1(612) 490-0638

Agent | License ID: 40180683

Agent License ID: 40180683