a Berkshire Hathaway affiliate

$3,950,000

1302 Linden Avenue, Minneapolis, MN 55403


1302 Linden Avenue Minneapolis, MN 55403

For Sale MLS# 5663343

24,136 sq ft Commercial

Data current as of {{getLocalTime('2021-02-27T07:31:29Z')}}

Details

MLS# 5663343

Description for 1302 Linden Avenue, Minneapolis, MN, 55403


Stand alone 42 unit 3 story building in North Loop neighborhood near Twins Stadium and Farmer's Market. Close to colleges. Classic vintage building hardwood floors, natural woodwork, and built in buffets. 35 studio units and 7 1 bedrooms. The lower north loop is slated for major improvements within the next few years as part of the redevelopment of the downtown upper north loop. Plans have already begun on light rail hub from downtown to western suburbs.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.20 Acres

Square Feet: 24,136 sq ft

Year Built: 1916

Foundation: 6,034 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

Builder:

Foundation:

Total Units: 42

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 143

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities: Heating Common,Electric Separate,Hot Water Common

Other Utilities:

Heating: Steam, Natural Gas

Exterior / Lot Features


Parking Spaces: 0

Parking Description: On-Street Parking Only

Exterior: Brick/Stone

Lot View:

Lot Dimensions: 58.00 X 150.00

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Complex Features: Patio, Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


Hennepin Ave To 11th St, Left To Hawthorne Ave, Left To Linden.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Fuel

Owner Pays:

Annual Income: $429,072

Annual Expense: $207,600

Ownership Type:

Tax/Property ID: 2702924220072

Tax Amount: $38,532

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$3,950,000 Original Price
$3,950,000 Current Price
+$0 Total Change
Date Price Change
10/5/2020 01:26 PM $3,950,000

Sales History

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Tax Summary

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Schools nearby 1302 Linden Avenue

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings