$2,900,000
$3,000,000
3.3%For more information regarding the value of a property, please contact us for a free consultation.
0.91 Acres Lot
SOLD DATE : 03/21/2022
Key Details
Sold Price $2,900,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 5767356
Sold Date 03/21/22
Year Built 1960
Annual Tax Amount $22,176
Tax Year 2020
Contingent None
Lot Size 0.910 Acres
Acres 0.91
Lot Dimensions Irregular
Property Sub-Type Apartment
Property Description
Great apartment building opportunity. 32 units. (30- 1 beds. 2 - Studios). Newer boilers. Split Electrical. All units currently rented. Ample off street parking, all units have in-unit laundry. Located on a hard corner / lighted intersection. Room to add value. Room to raise rents. A great 1031 exchange opportunity, redevelopment (hard corner), value add, and future passive income stream.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Other
Fireplace No
Exterior
Parking Features Asphalt, Open
Utilities Available Electric Common, Heating Common, Hot Water Common
Present Use Residential
Building
Foundation 1
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Robbinsdale
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP