For Sale: Minneapolis MLS# 6729628
Active
NEW!
$770,000
Commercial: Apartments
Built 1905
0.18 acres
Minneapolis schools
MLS# 6729628

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Property Description
A rare opportunity to invest in a turnkey 6-unit bldg in Marcy-Holmes. Same owner for 19 years with zero vacancy ever! A nice unit mix with 2-1BRs, 2-2BRs, 2-4BRs. Lots of improvements throughout including new windows to help make more energy efficient.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$770,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1905
State:
MN
Property Style:
Apartments
Zip Code:
55414
Neighborhood/Area:
Marcy Holmes
Subdivision Name:
Mill Cos Add To St Anthony Falls
Interior
Ceiling Height:
8-10
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Range
- Refrigerator
Basement Details:
Owner Access
Exterior
Stories:
Two
Garage Spaces:
0
Other Parking Spaces:
8
Foundation Size:
2,268 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Parking Features:
Parking Lot
Shared Amenities:
Coin-op Laundry Owned
Unit Amenities:
Hardwood Floors
Exterior Material:
Vinyl Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.18
Geolocation:
44.986853, -93.244297
Inclusions:
Building, Fixture/Equipment, Leases
Lot Dimensions:
48 x 165
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$9,174
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$9,174
Income
Annual Gross Income:
$94,380
Rent
Annual Net Income:
$69,190
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
- Electric
- Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Electric Separate
- Heating Common
- Heating Separate
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Grand Realty, LLC.
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.