About 515 5th Street Se
Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a quiet and well leased location for your next investment property.
Features of 515 5th Street Se
MLS® # | 6476128 |
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Price | $1,600,000 |
Bathrooms | 0.00 |
Acres | 0.25 |
Year Built | 1960 |
Type | Commercial Sale |
Sub-Type | Apartment |
Style | Apartment |
Status | Active |
Community Information
Address | 515 5th Street Se |
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Area | Marcy Holmes |
Subdivision | Mill Cos Add To St Anthony Fal |
City | Minneapolis |
County | Hennepin |
State | MN |
Zip Code | 55414 |
Amenities
Garages | Asphalt, Paved |
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Is Waterfront | No |
Has Pool | No |
Interior
Appliances | Range, Refrigerator |
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Heating | Boiler |
Fireplace | No |
Exterior
Lot Description | Public Transit (w/in 6 blks), Tree Coverage - Light |
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Roof | Flat, Rubber |
Construction | Brick/Stone |
School Information
District | Minneapolis |
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Additional Information
Days on Market | 95 |
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Zoning | Residential-Multi-Family |
Foreclosure | No |
Short Sale | No |
Listing Details
Office | Keller Williams Integrity RE |
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