For Sale: Minneapolis MLS# 7098748
Active
$124,900
Commercial: Other
6 br • 6 ba • Built 1957
0.16 acres
Minneapolis schools
MLS# 7098748
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Property Description
Six-unit apartment building with strong investment potential for the right buyer. Property is currentlycondemned by the city and will require repairs and approvals prior to occupancy, but offers anopportunity to renovate, reposition, and add value. Sold as-is.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$124,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1957
State:
MN
Property Style:
Other
Zip Code:
55412
Neighborhood/Area:
27
Subdivision Name:
Egberts 2nd Add
Interior
Bedrooms:
6
Bathrooms:
6
Refrigerators:
None
Appliances Included:
None
Basement Details:
Full
Exterior
Garage Spaces:
0
Foundation Size:
1,702 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Parking Lot
Road Frontage:
City Street
Roof Details:
Age Over 8 Years
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.16
Geolocation:
45.020105, -93.307896
Inclusions:
Building
Lot Dimensions:
54 x 126.8
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Expenses
Annual Caretaker Expense:
None
Annual Electric Expense:
None
Annual Fuel Expense:
None
Annual Insurance Expense:
None
Annual Maintenance Expense:
None
Annual Trash Expense:
None
Annual Water/Sewer Expense:
None
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$1,963
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$6,925
Income
Annual Gross Income:
None
Rent
Annual Net Income:
None
Units
Total Units:
6
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Common
- Heating Separate
- Hot Water 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 Premier 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.