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515 5th Street SE
Minneapolis MN 55414 US

$1,600,000

Active Under Contract Listing ID 6591344
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23 bed
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Lot: 0.25 Acres
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Other

$1,600,000

Active Under Contract Listing ID 6591344
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515 5th Street SE 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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Property Features

  • Facts
  • Lot Size: 0.25 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Brick/Stone
  • Roof Type: Flat, Rubber

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 515 5th Street SE
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55414
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.25
  • lotsizeunits: Acres
  • lotsizearea: 0.25
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.98708
  • longitude: -93.247363
  • listagentfullname: Jason D. Koenig
  • listagentemail: jason@theoddcoupleteam.com
  • listagentkey: 3yd-RMLSMN-506003639
  • listagentmlsid: 506003639
  • listagentpreferredphone: 6126004594
  • listagentofficephone: 6512031700
  • listofficekey: 3yd-RMLSMN-10071
  • listofficemlsid: 10071
  • disclaimer: Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1960
  • listingcontractdate: 2024-08-01
  • countyorparish: Hennepin
  • parcelnumber: 2402924230075
  • appliances: Range, Refrigerator
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Driveway, Paved or Surfaced
  • roof: Flat, Rubber
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • exteriorfeatures: Brick/Stone
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: False
  • location: -93.24736, 44.98708
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Integrity Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jason@theoddcoupleteam.com", "ListBrokerageCity":"Roseville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw427@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/RMLSMN/c5ababc31c2ec397011c2ed4128b0849/20140220141542431.png", "ListBrokerageName":"Keller Williams Integrity Realty", "ListBrokeragePhone":"(651) 203-1700", "ListBrokeragePostalCode":"55113", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":"#100", "ListBrokerageUnparsedAddress":"2680 Snelling Ave.", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"2680 Snelling Ave.", "ListOfficeAddress2":"#100", "ListOfficeBrokerMlsId":null, "ListOfficeCity":"Roseville", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw427@kw.com", "ListOfficePostalCode":"55113", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - Minneapolis, MN", "ListingURL":"https://listings.listhub.net/pages/RMLSMN/6591344/?channel=rexren", "MLSModificationTimestamp":"2024-10-01T09:15:17Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":27260, "TaxDescription":null, "TaxYear":"2022"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/9/2024 7:06:38 AM GMT
Source Updated Date: 11/23/2024 6:52:39 AM GMT

Courtesy of: Jason D. Koenig, Keller Williams Integrity Realty, jason@theoddcoupleteam.com

Copyright © 2024 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.