Properties
Listing ID5767356
Sold For$2,900,000
StatusClosed
Sold Date3/21/2022
Acres
0.910
CountyHennepin
Year Built1960
Property TypeCommercial Sale
Property Sub TypeApartment
Great apartment building opportunity. 32 units. (30- 1 beds. 2 - Studios). Newer boilers. Split Electrical. All units currently rented. Ample off street parking, all units have in-unit laundry. Located on a hard corner / lighted intersection. Room to add value. Room to raise rents. A great 1031 exchange opportunity, redevelopment (hard corner), value add, and future passive income stream.
County
Hennepin
Property Sub Type
Apartment
Property Type
Commercial Sale
Year Built
1960
Heating
Other
Number Of Units Total
1
Construction Materials
Brick/Stone
Foundation Area
1
Fuel
Other
Lot Size Dimensions
Irregular
Lot Size Units
Acres
Parking Features
Asphalt, Open
Sewer
City Sewer/Connected
Utilities
Electric Common, Heating Common, Hot Water Common
Water Source
City Water/Connected
High School District
Robbinsdale
Postal City
Crystal
School District Number
281
Zoning Description
Residential-Multi-Family
Accessibility Features
None
Current Use
Residential
Rental License
no
Contingency
None
Inclusions
Building,Land,Leases
Tax Annual Amount
22176
Tax With Assessments
22176.0000
Tax Year
2020
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