515 5TH ST SE MINNEAPOLIS, MN 55414

Features

• Lot Size: 10890
• Total Units: 14
• Total Rooms: 5
• Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
• Stories: 200
• Roof Type: Tar & Gravel
• Heating: Hot Water
• Construction Type: Wood
• Exterior Walls: Brick

Facts

• Year Built: 01/01/1960
• Property ID: 873914935
• MLS Number: 6476128
• Parcel Number: 24-029-24-23-0075
• Property Type: Townhouse or Condo
• County: HENNEPIN
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 recentlynupdated. 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. Wellnmaintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is anquiet and well leased location for your next investment property.