For Sale: Minneapolis MLS# 7160639
Active
NEW!
$695,000
Commercial: Other
10 br • 4 ba • Built 1910
0.17 acres
Minneapolis schools
MLS# 7160639
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Property Description
Unit 1 is vacant for showing.
Units 2, 3, & 4 ; month to month
Unit 5; Leased;
The building has 5 car garage;
The estimate annual gross rental income of $83, 520 represents an approximate gross rental yield of 12.02%, before property taxes, insurance, maintenance, utilities, vacancy, management, financing, and other operating expenses.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$695,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
5
County:
Hennepin
Year Built:
1910
State:
MN
Property Style:
Other
Zip Code:
55407
Neighborhood/Area:
64
Subdivision Name:
Williams Add
Interior
Bedrooms:
10
Bathrooms:
4
Appliances Included:
- Dryer
- Microwave
- Range
- Refrigerator
- Washer
Exterior
Garage Spaces:
5
Garage Size:
500 ft2
Foundation Size:
1,832 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Parking Features:
Detached Garage
Unit Amenities:
Balcony
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.17
Geolocation:
44.946854, -93.253413
Inclusions:
Leases, Rental License
Lot Dimensions:
60 x 123
Zoning:
Business/Commercial
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$10,791
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$10,791
Units
Total Units:
5
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Keller Williams Classic Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.