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$1,200,000

10 Beds 8 Baths 0 SQFT 0.24 Acres
Type: Commercial

2100 Fairmount Street SE
Minneapolis, MN 55414

MLS#: 7144427
The Real Estate Advantage
Office: 952.224.8800
Presented by: Morgan And Trust Realty

Property Description

 

Great investment near U of M campus. Six units on same property. A Fourplex with four large one bedroom units and a newly constructed duplex (2021). The up/down duplex has three bedrooms, plus office, and two baths in each unit. The duplex is built in 2021, with open kitchens, granite counters, stainless steel appliances and laundry in each unit. Each unit of the duplex has its own HVAC and separate gas and electric. The fourplex has four one bedroom, one bath units with classic built-ins and hardwood floors throughout. Laundry in lower level along with storage space for each unit. Large property with rain gardens, a storage shed and a large, private parking lot. Como neighborhood, near U of M, St. Anthony Main.


 

Interior Features

Bedrooms

Total Bedrooms10

Bathrooms

Total Baths8

Other Interior Features

Basement (Y/N)No
FuelNatural Gas

General

AccessibilityOther
Additional Parcels Y/NNo
Association AmenitiesCoin-op Laundry Owned
CityMinneapolis
ContingencyNone
CoolingCentral Air, Window Unit(s)
CountyHennepin
Current UseResidential
DirectionsComo Ave SE to 21st Ave SE, south to Fairmount St SE
Electric Expense0
Fuel Expense1800
Garage Spaces0
Gross Income115104
HeatingBaseboard, Forced Air, Hot Water
High School DistrictMinneapolis
Insurance Expense4316
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
MaintenanceExpense2581
Net Operating Income77034
New ConstructionYes
Number Of Units Total6
Operating Expense38070
OwnerPaysFuel, Grounds Care, Insurance, Repairs, Taxes, Trash Collection, Water
PostalCityMinneapolis
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameCole & Weeks Add
Tax Annual Amount$19,484
Tax Year2026
Tenant PaysElectricity, Fuel
Trash Expense1800
UtilitiesElectric Common, Electric Separate, Heating Common, Heating Separate, Hot Water Separate
Water Sewer Expense1800
Year Built1922
Zoning DescriptionResidential-Multi-Family

Exterior

Foundation Area4,000 sqft
InclusionsLeases
Lot Dimensions82x127
Lot Size Area0 sqft
Parking FeaturesPaved Lot
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

$1,200,000

10 Beds 8 Baths 0 SQFT 0.24 Acres
Type: Commercial

2100 Fairmount Street SE
Minneapolis, MN 55414

MLS#: 7144427
The Real Estate Advantage
Office: 952.224.8800