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$529,000

7 Beds 5 Baths 0 SQFT 0.09 Acres
Type: Commercial

2447 11th Avenue S
Minneapolis, MN 55404

MLS#: 7104766
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800
Presented by: Financially Free, LLC

Property Description

 

Five-unit apartment building next to the hospital in South Minneapolis! This property currently has one vacancy but once fully filled should generate $6,465/month in rent. Two of the units are two bedroom units, renting for $1,495 and $1,450. Three are one bedroom units renting for (vacant), $1,150 and $1,270. Tenants pay their own electric (heat is all electric). Old boiler in basement is disconnected.

 

Interior Features

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths5

Other Interior Features

Basement (Y/N)No
FuelElectric, Natural Gas

General

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
ContingencyNone
CountyHennepin
Current UseResidential
DirectionsNorth on Chicago Ave, past Childrens MN, Left on E 25th St. Left on 11th Ave. S
Electric Expense0
Garage Spaces0
Gross Income64380
HeatingBaseboard
High School DistrictMinneapolis
Insurance Expense4210
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
New ConstructionNo
Number Of Units Total5
OwnerPaysGas, Repairs, Snow Removal, Trash Collection, Water
PostalCityMinneapolis
Property TypeCommercial Sale
RoofAsphalt, Flat, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCole & Weeks Rgt Brackett & Bovey
Tax Annual Amount$8,243
Tax Year2025
Tenant PaysElectricity, Heat
Trash Expense2586
UtilitiesElectric Separate
Water Sewer Expense3296
Year Built1884
Zoning DescriptionResidential-Multi-Family

Exterior

Foundation Area1,541 sqft
InclusionsBuilding
Lot Dimensions29x127
Lot Size Area0 sqft
Parking FeaturesOn-Street Parking Only
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

$529,000

7 Beds 5 Baths 0 SQFT 0.09 Acres
Type: Commercial

2447 11th Avenue S
Minneapolis, MN 55404

MLS#: 7104766
Ted Bergstrom
Ted Bergstrom
The Real Estate Advantage
Agent
Phone: 612.723.5444
Office: 952.224.8800

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