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Active
$625,000
/mo Edit
Commercial:  Apartments
Built 1911
0.14 acres
Minneapolis schools
MLS# 6715511
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    Property Description

    Lovely hard to find 6 unit apartment building just steps away from Powderhorn Park with tons of natural woodwork, and old world charm throughout. Your tenants will love the convenience of having Powderhorn Park just a few hundred feet away along with the dozens of nearby shops and restaurants! This building features an array of different layouts, several with high ceilings , classic natural wood work, pantries, nicely sized bedrooms, and a huge front balcony with tons of potential! Huge basement with tons of room for storage and newer boiler!

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Apartments
    Zip Code: 55407
    Neighborhood/Area: Powderhorn Park
    Subdivision Name: Wiegands Add

    Exterior

    Garage Spaces: 0
    Garage Dimensions: 75x79
    Other Parking Spaces: 0
    Air Conditioning: None
    Foundation Size: 2,634 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: None
    Exterior Material: Stucco

    Lot & Land

    Acres: 0.14
    Geolocation: 44.946407, -93.257862
    Inclusions: Building
    Lot Dimensions: 75 x 79
    Zoning: Residential-Multi-Family

    Schools

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

    Expenses

    Annual Electric Expense: $573
    Annual Fuel Expense: $5,373
    Annual Insurance Expense: $5,805
    Annual Trash Expense: $2,040
    Annual Water/Sewer Expense: $2,040
    Tenant Expenses: Cable TV, Electricity, Gas

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $9,924
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $10,070

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    Water System: City Water/Connected

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    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.