For Sale: Minneapolis MLS# 6516616
Active
$449,900
Commercial: Mixed Use,Business
Built 1922
0.1 acres
Minneapolis schools
MLS# 6516616
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Turnkey cash-flow mixed-use commercial building sitting on a prime location. 5 units total. 2 are residential units, 3 are business use. Business is also for sale, separately from the building. Basement is unfinished but can be for a full business use unit.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$449,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
2
County:
Hennepin
Year Built:
1922
State:
MN
Property Style:
Mixed Use, Business
Zip Code:
55411
Neighborhood/Area:
McKinley
Subdivision Name:
Bakers 4th Add
Interior
Appliances Included:
- Range
- Refrigerator
Basement Details:
Full
Exterior
Stories:
Two
Garage Spaces:
2
Other Parking Spaces:
0
Air Conditioning:
Window Unit(s)
Foundation Size:
3,200 ft2
Handicap Accessible:
Other
Road Responsibility:
Public Maintained Road
Heating System:
- Boiler
- Radiator(s)
Parking Features:
- Detached
- Guest Parking
- On-Street Parking Only
Shared Amenities:
Deck
Unit Amenities:
Hardwood Floors
Road Frontage:
Sidewalks
Exterior Material:
- Block
- Brick Veneer
- Brick/Stone
Roof Details:
Flat
Lot & Land
Acres:
0.1
Geolocation:
45.013346, -93.288537
Inclusions:
Building, Land
Lot Dimensions:
48.4 X 92
Zoning:
Business/Commercial
Lot Description:
Irregular Lot
Farm
Topography:
Walkout
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Gross Expense:
$21,600
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$6,304
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,583
Income
Annual Gross Income:
$47,760
Rent
Annual Net Income:
$26,160
Units
Total Units:
5
Miscellaneous
Current Use:
- Commercial
- Professional/Office
- Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
- City Sewer - In Street
- City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
- City Water - In Street
- 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 |
Local Home Mortgage Professionals
Listing provided by RMLS,
courtesy of Creative 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.