515 5th Street Se, Minneapolis, MN

$1,600,000

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0.25

Acres

About 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.

Features of 515 5th Street Se

MLS® # 6476128
Price $1,600,000
Bathrooms 0.00
Acres 0.25
Year Built 1960
Type Commercial Sale
Sub-Type Apartment
Style Apartment
Status Active

Community Information

Address 515 5th Street Se
Area Marcy Holmes
Subdivision Mill Cos Add To St Anthony Fal
City Minneapolis
County Hennepin
State MN
Zip Code 55414

Amenities

Garages Asphalt, Paved
Is Waterfront No
Has Pool No

Interior

Appliances Range, Refrigerator
Heating Boiler
Fireplace No

Exterior

Lot Description Public Transit (w/in 6 blks), Tree Coverage - Light
Roof Flat, Rubber
Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 33
Zoning Residential-Multi-Family
Foreclosure No
Short Sale No
Taxes $27,260

Listing Details

OfficeKeller Williams Integrity RE

Listing Map

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