a Berkshire Hathaway affiliate

$549,900

2837 31st Avenue S, Minneapolis, MN 55406


2837 31st Avenue S Minneapolis, MN 55406

For Sale MLS# 5736093

2,400 sq ft Commercial

Data current as of {{getLocalTime('2021-04-12T06:41:03Z')}}

Details

MLS# 5736093

Description for 2837 31st Avenue S, Minneapolis, MN, 55406


Well cared for 5 unit building w/ all units full. Electrical updates and newer mechanicals. Conveniently located near restaurants, parks, schools, light rail, downtown, and much more. Great investment opportunity!

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Active

Lot Size: 0.16 Acres

Square Feet: 2,400 sq ft

Year Built: 1958

Foundation: 1,200 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision:

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: 3

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: Electric Separate

Other Utilities:

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Parking Spaces: 5

Parking Description: Uncovered/Open

Exterior: Stucco

Lot View:

Lot Dimensions: 48x142

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family,Business/Commercial

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Driving Directions


Lake Street East to 31st then North to property.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Cable T.V.

Owner Pays:

Annual Income: $49,320

Annual Expense: $20,700

Ownership Type:

Tax/Property ID: 3102923330057

Tax Amount: $9,430

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$549,900 Original Price
$549,900 Current Price
+$0 Total Change
Date Price Change
4/6/2021 03:34 PM $549,900

Sales History

Date Price Change
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Tax Summary

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Schools nearby 2837 31st Avenue S

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
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Schools nearby 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