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$550,000
Est. payment /mo
4 Beds
4 Baths
2,652 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $207
Subdivision Hoblitts Add
MLS Listing ID 7060338
Bedrooms 4
Year Built 1912
Annual Tax Amount $9,742
Tax Year 2026
Contingent None
Lot Size 5,227 Sqft
Lot Dimensions 45x118
Property Sub-Type Fourplex
Property Description
Four unit brick apartment building on the Lyndale corridor where Whittier meets the Wedge, a steady South Minneapolis rental pocket. Blocks to LynLake, the Midtown Greenway and Eat Street, minutes to Uptown, the lakes and downtown.
Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear.
Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled.
New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs.
On site laundry is owned, not leased, and currently free to tenants.
Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.
Built in 1912, all one bedroom units, two per floor over a full basement, with off street parking in the rear.
Six figures have gone into the mechanicals over the past five years, so the big ticket items are handled.
New combination boiler and water heater in each unit (2024), updated electrical panels, gas and electric separately metered with no house meters, and water, sewer and trash billed back through RUBS, so the owner has low utility costs.
On site laundry is owned, not leased, and currently free to tenants.
Three units leased, one month to month, a fit for an owner occupant in one unit or an investor adding a stabilized, professionally managed building.
Location
State MN
County Hennepin
Rooms
Basement Block
Interior
Heating Boiler
Fireplace No
Laundry In Basement, Common Area
Exterior
Parking Features Parking Lot
Building
Story Two
Foundation 1326
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick
New Construction false
Schools
School District Minneapolis
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Listed by Nathan Schammel • MRG Realty Partners, LLC
Nearby School & Business
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