a Berkshire Hathaway affiliate

$849,000

1804 16th Avenue S, Minneapolis


1804 16th Avenue S Minneapolis, MN 55404

For Sale MLS# 5316734

6,585 sq ft Commercial

Data current as of {{getLocalTime('2019-10-20T16:02:40Z')}}

Details

MLS# 5316734

Description for 1804 16th Avenue S, Minneapolis, MN, 55404


Bring Offers. Opportunity Zone 5 unit apartment building w 4 BR each unit!! 20 total BR. New Roof Coating 2019. Great layouts, w galley style kitchen. Furnaces by unit, 5 new water heaters, storage, parking, easy to run low expenses great gross revenues and high NI. See enclosed figures. CLA for showings and more information. 7.9% Cap Ask. CLA for more info.

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.17 Acres

Square Feet: 6,585 sq ft

Year Built: 1889

Foundation: 2,195 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Cornells Add

Builder:

Foundation:

Total Units: 5

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: 27

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 Separate,Electric Separate,Hot Water Common

Other Utilities:

Heating: Forced Air, Natural Gas

Exterior / Lot Features


Parking Spaces: 6

Parking Description: Uncovered/Open

Exterior: Metal, Vinyl

Lot View:

Lot Dimensions: 50x150

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


Franklin St. to 16th Ave S to property

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $95,000

Ownership Type:

Tax/Property ID: 2602924440039

Tax Amount: $10,664

Tax Year: 2019

HomeStead Description: Non-Homesteaded

Price Changes


$899,000 Original Price
$849,000 Current Price
-$50,000 Total Change
Date Price Change
10/11/2019 11:14 AM $849,000 -$50,000
10/4/2019 04:07 PM $899,000

Sales History

Date Price Change
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Tax Summary

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Estimated Market Value Taxable Market Value Total Tax
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Schools nearby 1804 16th Avenue S

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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