515 5th Street Se, Minneapolis

Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a quiet and well leased location for your next investment property.

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Essential Information

  • MLS® #6476128
  • Price$1,600,000
  • Bathrooms0.00
  • Year Built1960
  • TypeCommercial Sale
  • Sub-TypeApartment
  • StyleApartment
  • StatusActive
  • Taxes$27,260

Amenities

  • GaragesAsphalt, Paved

Exterior

  • Lot DescriptionPublic Transit (w/in 6 blks), Tree Coverage - Light
  • RoofFlat, Rubber
  • ConstructionBrick/Stone

Additional Information

  • Days on Market102
  • ZoningResidential-Multi-Family

Community Information

  • Address515 5th Street Se
  • AreaMarcy Holmes
  • SubdivisionMill Cos Add To St Anthony Fal
  • CityMinneapolis
  • CountyHennepin
  • StateMN
  • Zip Code55414

Interior

  • AppliancesRange, Refrigerator
  • HeatingBoiler

School Information

  • DistrictMinneapolis

Listing Details

  • Listing OfficeKeller Williams Integrity RE

MLS #6476128 is a Commercial Sale listing, located at 515 5th Street Se in Minneapolis, MN.

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