3550 Penn Avenue N Minneapolis, MN - Image 1

3550 Penn Avenue N Minneapolis, MN - Image 2

3550 Penn Avenue N Minneapolis, MN - Image 3

3550 Penn Avenue N Minneapolis, MN - Image 4

3550 Penn Avenue N Minneapolis, MN - Image 5

$124,900

6 Beds 6 Baths 0 SQFT 0.16 Acres

Type: Commercial

3550 Penn Avenue N
Minneapolis, MN 55412

MLS#: 7098748

Ted Bergstrom

The Real Estate Advantage

Agent

Phone: 612.723.5444

Office: 952.224.8800

Visit Website

Presented by: Keller Williams Premier Realty

Property Description

Six-unit apartment building with strong investment potential for the right buyer. Property is currentlycondemned by the city and will require repairs and approvals prior to occupancy, but offers anopportunity to renovate, reposition, and add value. Sold as-is.

Interior Features

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths6

Other Interior Features

BasementFull

Basement (Y/N)Yes

FuelNatural Gas

Garage Square Feet0

General

AccessibilityNone

Additional Parcels Y/NNo

AppliancesNone

CityMinneapolis

ContingencyNone

CountyHennepin

Current UseResidential

DirectionsDowling (West of 94) to Penn Ave. South to Building

Electric Expense0

Fuel Expense0

Garage Spaces0

Gross Income0

HeatingHot Water

High School DistrictMinneapolis

Insurance Expense0

Land Lease Y/NNo

Lender OwnedNo

Lot Size UnitsSquare Feet

MaintenanceExpense0

Net Operating Income0

New ConstructionNo

Number Of Units Total6

Operating Expense0

PostalCityMinneapolis

Property TypeCommercial Sale

RoofAge Over 8 Years

SewerCity Sewer/Connected

Standard StatusActive

Subdivision NameEgberts 2nd Add

Tax Annual Amount$1,963

Tax Year2026

Trash Expense0

UtilitiesElectric Common, Heating Separate, Hot Water Separate

Water Sewer Expense0

Year Built1957

Zoning DescriptionResidential-Multi-Family

Exterior

Foundation Area1,702 sqft

InclusionsBuilding

Lot Dimensions54x126.8

Lot Size Area6,970 sqft

Parking FeaturesParking Lot

Road Frontage TypeCity Street

Water SourceCity Water/Connected

Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School N/A

Middle School N/A

High School N/A

Similar Properties

$124,900

6 Beds 6 Baths 0 SQFT 0.16 Acres

Type: Commercial

3550 Penn Avenue N
Minneapolis, MN 55412

MLS#: 7098748

Ted Bergstrom

The Real Estate Advantage

Agent

Phone: 612.723.5444

Office: 952.224.8800

Visit Website

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$124,900

3550 Penn Avenue N
Minneapolis, MN 55412

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$124,900

3550 Penn Avenue N
Minneapolis, MN 55412

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Info

Get the latest news & updates

$124,900

3550 Penn Avenue NMinneapolis, MN 55412

Property Description

Interior Features

Bedrooms

Bathrooms

Other Interior Features

General

Exterior

Additional Details

Price History

Schools

Similar Properties

$124,900

3550 Penn Avenue NMinneapolis, MN 55412

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3550 Penn Avenue N
Minneapolis, MN 55412

3550 Penn Avenue N
Minneapolis, MN 55412