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Key Details
Sold Price $825,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Remingtons 2Nd Add
MLS Listing ID 6412334
Year Built 1960
Annual Tax Amount $12,510
Tax Year 2023
Lot Size 5,662 Sqft
Property Description
An excellent investment opportunity in Uptown Minneapolis. This 6-unit multi-family property has been well-maintained and Family-owned for over 30 years with a continuous tenant waiting list. Featuring 5 One-bedroom units, One Studio unit and Laundry on the premises. The property features a stucco exterior, newer windows and roof, an updated boiler, Oak Hardwood floors and an off-street parking area behind the building. Located on the bus line, the property provides tenants convenient transportation options, increasing rental desirability. Within blocks of the best restaurants, Uptown shopping, the chain of lakes and Uptown Greenway bike path. This is a Must See property!
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler, Hot Water
Cooling Window Unit(s)
Exterior
Parking Features Gravel, Unassigned, Open
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Other
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 1742
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick Veneer,Stucco
Schools
School District Minneapolis
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REMAX TEAM
Full Service Brokerage | License ID: 40471702
Full Service Brokerage License ID: 40471702
FOR SALE on Local Lakes