Very clean professionally managed 14 Unit (6 1Br & 8 Studios) Brownstone in the heart of South Mpls featuring spacious updated studios and one-bedroom apartments with loads of character and charm throughout the building. Located in the Lyndale neighborhood with a great walk score of 83 - Shopping, dining, nightlife and entertainment are within blocks in every direction as well as the famous "Eat-Street". Newer roof, boiler, common area updates and updated units. 15 off street parking spaces (extra PID behind building). Great addition to any investment portfolio! No need to get financing, Buyer can assume a very low-interest rate Freddie Mac mortgage of 3.46%, maturing in February of 2031. Opportunities like this do not come along often.
| MLS # | 7108476 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 41 |
| Listing Provided By | Metro Group Real Estate | Jerry Lindeen |
| SQ Feet | 10,200 |
|---|---|
| Basement | Y |
| Story(s) | 2 |
| Units | 14 |
| Zoning | Residential-Multi-Family |
| Acreage | 0.18 |
| Heating | Boiler |
|---|
| Parking Features | Parking Lot |
|---|
| Utilities | Electric Separate, Heating Common, Hot Water Common |
|---|
| Property | 22596 |
|---|
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55408 |
| Area | 48 |
| Community Name | Nicollet Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Nicollet Add) | |
Price: $1,464,900 low | high Med: $1,464,900 sqft: 10,200 low | high Med: 10,200 $ / sqft: $144 low | high Med: $144 On site: 41 low | high Med: 41 | |
| State | MN |
|---|---|
| County | Hennepin |
| City | Minneapolis |
| Zip Code | 55408 |
| Area | 48 |
| Community Name | Nicollet Add |
| School District | 1 |
| High School | Minneapolis |
| Listing VS Median (in Nicollet Add) | |
Price: $1,464,900 low | high Med: $1,464,900 sqft: 10,200 low | high Med: 10,200 $ / sqft: $144 low | high Med: $144 On site: 41 low | high Med: 41 | |