Address
1724 Rollins Avenue SE, Minneapolis, MN
Price
$ 1,900,000
Property Attributes
- ID#6401466
- TypeCommercial
- CountyHENNEPIN
- CityMinneapolis
- AreaMcmillans Sub Blks Rollins Add
- NeighborhoodMcmillans Sub Blks Rollins Add
- Zip55414
- StyleApartment
- Year Built1958
- Taxes$ 12286
- Price$ 1,900,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5208
- Lot Size10,019 SqFt
Data Source:
Northstar MLS (NSTAR)
Property Description
Incredible Investment Opportunity! 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!
| Price History | |
|---|---|
| 7/13/2023 | Listed $1,900,000 |
General Features
| Accessibility | None |
|---|---|
| Additional Parcels Y/N | No |
| City | Minneapolis |
| Construction Materials | Stucco |
| Contingency | None |
| County | Hennepin |
| Current Use | Residential |
| Days on Market | 34 |
| Directions | Kasota Ave/Energy Park Drive (CR32) to SE Elm, left, follow to property on right. |
| Heating | Hot Water |
| High School District | Minneapolis |
| Lender Owned | No |
| Net Operating Income | 113492 |
| Property SubType | Apartment |
| Property Type | Commercial Sale |
| Sewer | City Sewer/Connected |
| Standard Status | Active |
| Street Name | Rollins |
| Subdivision Name | Mcmillans Sub Blks Rollins Add |
| Tax Annual Amount | 12286 |
| Tax Year | 2023 |
| Total Units | 14 |
| Utilities | Electric Separate, Heating Common, Hot Water Common |
| Year Built | 1958 |
| Zoning Description | Residential-Multi-Family |
Interior Features
| Fuel | Natural Gas |
|---|---|
| Street Suffix | Avenue |
Exterior Features
| Foundation Area | 1920 |
|---|---|
| Inclusions | Business, Land |
| Lot Dimensions | 165x59 |
| Lot Size Area | 0.23 |
| 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.
