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Key Details
Sold Price $448,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 4,908 sqft
Price per Sqft $91
Subdivision Auditors Sub 016
MLS Listing ID 6226033
Year Built 1913
Annual Tax Amount $4,268
Tax Year 2021
Lot Size 6,534 Sqft
Property Sub-Type Apartment
Property Description
Excellent cashflow opportunity - (over 40,000 annual income). Classic South Minneapolis 4plex featuring four 2 bedroom apartments. Fully rented with long term renters. This property is well maintained with the same owner for 23 years. Convenient to public transportation and schools near 25th and Cedar Avenue. All newer mechanicals with 4 new boilers. Heat and electric paid by tenants. Storage units in basement along with coin op washer and dryer. Off street parking in rear of building. On site caretaker.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Family Room Other
Interior
Heating Boiler
Exterior
Fence Wood
Roof Type Asphalt
Building
Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Story Two
Foundation 1636
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco
New Construction false
Schools
School District Minneapolis
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