Address
924 17th Avenue SE, Minneapolis, MN
Price
$ 2,490,000
Property Attributes
- ID#6369382
- TypeCommercial
- CountyHENNEPIN
- CityMinneapolis
- AreaRollins Add
- NeighborhoodRollins Add
- Zip55414
- StyleApartment
- Year Built1969
- Taxes$ 27217
- Price$ 2,490,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8228
- Lot Size0.38 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PID’s: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package
| Price History | |
|---|---|
| 5/15/2023 | Listed $2,490,000 |
General Features
| Accessibility | None |
|---|---|
| Additional Parcels Y/N | No |
| City | Minneapolis |
| Construction Materials | Wood Siding |
| Contingency | None |
| County | Hennepin |
| Current Use | Residential |
| Days on Market | 82 |
| Directions | From SE University (CR-36) right onto SE Oak St (CR-37) to SE 4th St (Cr-37), right onto SE 10th Avenue, Left on SE 8th St, Left onto SE 9th Ave, to SE 7th St |
| Electric Expense | 1630 |
| Fuel Expense | 4644 |
| Gross Income | 217361 |
| Heating | Hot Water |
| High School District | Minneapolis |
| Insurance Expense | 5952 |
| Lender Owned | No |
| Maintenanceexpense | 3254 |
| Net Operating Income | 161650 |
| Operating Expense | 55711 |
| Property SubType | Apartment |
| Property Type | Commercial Sale |
| Sewer | City Sewer/Connected |
| Standard Status | Active |
| Street Name | 17th |
| Subdivision Name | Rollins Add |
| Tax Annual Amount | 27217 |
| Tax Year | 2023 |
| Total Units | 11 |
| Trash Expense | 2204 |
| Utilities | Electric Separate, Heating Common, Hot Water Common |
| Water Sewer Expense | 3946 |
| Year Built | 1969 |
| Zoning Description | Business/Commercial |
Interior Features
| Fuel | Natural Gas |
|---|---|
| Garage Dimensions | 150x110 |
| Street Suffix | Avenue |
Exterior Features
| Foundation Area | 4114 |
|---|---|
| Inclusions | Building, Land |
| Lot Dimensions | 150X110 |
| Lot Size Area | 0.38 |
| Lot Size Units | Acres |
| Parking Features | Detached |
| Water Source | City Water/Connected |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 55414
Price
Taxes
Visits
Year Built
Walkscore
Information should be deemed reliable but not guaranteed, all representations are approximate, and individual verification is recommended. Copyright ©2017 All rights reserved.
