For Sale: Minneapolis MLS# 6732907
Active
NEW!
$799,000
Commercial: Apartments
Built 1913
0.37 acres
Minneapolis schools
MLS# 6732907
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Property Description
Amazing opportunity for entrepreneurs, investors, remodelers and lovers of the city in the heart of Minneapolis! This unique property has been used as a rooming house with potential for 18 total bedrooms, of which 17 bedrooms can be rented under city rental license and grandfathered to maintain status upon transfer of ownership. Currently maintained with a handful of tenants, but homeowner always fielding requests for more occupancy. Beautiful brick facade and new roof and exterior paint in 2021. Full kitchen in owner/caretaker suite area and second level cooking area for tenants. Possible ADU potential in both the basement and possibly additional space above the garage. The current owner has one bathroom per floor operational, with 13 total bathrooms but many have toilets removed or plumbing capped. Large ample parking area for 15 cars, 3 car garage and a carriage house for additional parking and storage in back.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$799,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
3
County:
Hennepin
Year Built:
1913
State:
MN
Property Style:
Apartments
Zip Code:
55404
Neighborhood/Area:
Whittier
Subdivision Name:
The Neighborhood Blk
Interior
Ceiling Height:
8-10
Ranges:
One
Refrigerators:
One
Appliances Included:
- Dryer
- Range
- Refrigerator
- Washer
Basement Details:
- Full
- Owner Access
- Shared Access
- Storage Space
- Tile Shower
Exterior
Stories:
Three Or More
Garage Spaces:
3
Garage Size:
700 ft2
Other Parking Spaces:
15
Air Conditioning:
Wall Unit(s)
Foundation Size:
1,444 ft2
Handicap Accessible:
None
Road Responsibility:
Public Maintained Road
Heating System:
Steam
Parking Features:
- Detached
- Guest Parking
- Parking Lot
Shared Amenities:
- Coin-op Laundry Owned
- Porch
Unit Amenities:
- Hardwood Floors
- Main Floor Primary Bedroom
- Natural Woodwork
- Porch
- Washer/Dryer Hookup
Road Frontage:
City Street
Exterior Material:
Brick/Stone
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.37
Geolocation:
44.961524, -93.27696
Inclusions:
Building
Lot Dimensions:
100 x 160
Zoning:
Business/Commercial
Lot Description:
- Public Transit (w/in 6 blks)
- Some Trees
Farm
Topography:
Level
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$15,407
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$15,407
Units
Total Units:
18
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
Yes
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Common
- Hot Water Common
Water System:
City Water/Connected
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Listing provided by RMLS,
courtesy of Coldwell Banker Realty.
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.