$1,995,000
Minneapolis, MN 55404
MLS# 6428729
1 / 16
Property Description
One of a Kind upscale building constructed and contracted by the owner! This was 12 apartments which were gutted and made into 6, over the top units. Virtually a brand new building with a beautiful brownstone exterior. To see it is to love it! It is very close to US bank Stadium being the first building over the 11th Ave. Bridge just past Augustana. The entire top of the parking canopy has solar panels. Rents are low for these Class A Units. Could be good for a Group Home or Assisted Living or Supported Living. Could be ideal for an Owner Occupant to live for free and have the lessees pay off the building. Unit #4 was built for handicap. There is a platform lift to it for access. Comes Completely Furnished.
Details
Maps
None
Allow Auto Valuation: No
Allow Consumer Comment: No
MLSID: RMLS
Contract Information
Digitally Altered Photos: No
Status: Active
Current Price: $1,995,000
Original List Price: 2200000
Contingency: None
ListPrice: 1995000
List Date: 2023-09-05
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Square Feet
Multiple PIDs?: No
Other Parking Spaces: 6
Owner Occupied: No
Year Built: 1902
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 2947
For Sale or Lease: For Sale
Acres: 0.23
Lot Dimensions: 150x68
Assessment Pending: No
Location, Tax and Other Information
Legal Description: LOT 014 BLOCK 005 J S & W ELLIOTS ADDN TO MPLS
Map Page: 106
Municipality: Minneapolis
Rental License?: Yes
School District Phone: 612-668-0000
Map Coordinate Source: King's Street Atlas
House Number: 1802
Street Name: 11th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55404
Zip Plus 4: 3112
Property ID Number: 2602924340049
Complex/Dev/Subdivision: J S & W Elliots Add
Tax Year: 2023
Tax Amount: 18217
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: One of a Kind upscale building constructed and contracted by the owner! This was 12 apartments which were gutted and made into 6, over the top units. Virtually a brand new building with a beautiful brownstone exterior. To see it is to love it! It is very close to US bank Stadium being the first building over the 11th Ave. Bridge just past Augustana. The entire top of the parking canopy has solar panels. Rents are low for these Class A Units. Could be good for a Group Home or Assisted Living or Supported Living. Could be ideal for an Owner Occupant to live for free and have the lessees pay off the building. Unit #4 was built for handicap. There is a platform lift to it for access. Comes Completely Furnished.
Directions: Near US Bank Stadium, the first building over the 11th Ave Bridge.
Assessments
Tax With Assessments: 18217
Building Information
Building Finished SqFt: 8000
Building SqFt: 8841
Ceiling Height: 8-10
Income and Expenses
Annual Electric Expense: 4800
Annual Fuel Expense: 3000
Annual Insurance Expense: 8750
Annual Trash Expense: 2100
Annual Water/Sewer Expense: 3000
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
FIPS Code: 27053
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 26
Township#: 29
Sale Options
Sale Includes: Building,Fixture/Equipment,Other
Unit 1
No. of 1 Bedroom Units: 1
Unit 2
No. of 2 Bedroom Units: 4
Unit Details
Total Units: 6
Unit Information
No. of Efficiency Units: 1
Property Features
Accessible: Partially Wheelchair
Air Conditioning: Central
Amenities Shared: Common Garden; Patio; Security Building
Amenities Unit: City View; Ethernet Wired; In-Ground Sprinkler
Appliances: Dishwasher; Dryer; Exhaust Fan/Hood; Microwave; Range; Refrigerator; Stainless Steel Appliances; Washer
Assumable Loan: Yes w/ Qualifying
Basement: Finished (Livable); Full
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional
Location Description: Downtown
Lock Box Type: None
Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium
Miscellaneous Information: Furnished Units
Neighborhood Name: Ventura Village
No. of Ranges: Six or More
No. of Refrigerators: Six or More
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate
Owner Pays: Insurance; Lawn; Lawn; Maintenance/Repair; Taxes; Trash Collection; Water
Parking Characteristics: Carport; Covered; Driveway - Concrete; More Parking Offsite for Fee; Paved Lot
Rental License Type: Standard
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Cable TV; Electricity; Fuel
Water: City Water/Connected
Waterfront View: City Lights
Window Features: Double Pane Windows; Window Treatments
Listing Office: Bridge Realty, LLC
Last Updated: March - 20 - 2024
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