a Berkshire Hathaway affiliate

$975,000

3500 Columbus Avenue, Minneapolis, MN 55407


$975,000

Off-Market Date: 4/4/2021

3500 Columbus Avenue Minneapolis, MN 55407

Pending MLS# 5724613

8,403 sq ft Commercial

Data current as of {{getLocalTime('2021-05-08T07:30:41Z')}}

Details

MLS# 5724613

Description for 3500 Columbus Avenue, Minneapolis, MN, 55407


Easy to rent units. Property recently renovated with new siding, security doors. new water heater, common area carpet and paint. Six Individual units updated with carpet and paint. Some units have updated LVP or tile flooring, appliances and countertops. Current cap rate 7%

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.19 Acres

Square Feet: 8,403 sq ft

Year Built: 1962

Foundation: 2,847 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Morse & Smalls Add

Builder:

Foundation:

Total Units: 12

Current Use: Residential

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Freezer, Exhaust Fan/Hood, Refrigerator

Flooring:

Basement: Finished (Livable), Day/Lookout Windows, Concrete Block, Full, Storage Space, Owner Access

Additional Interior Features: Tiled Floors, Ceiling Fan(s), Kitchen Window

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

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

Other Utilities:

Cooling: Window

Heating: Boiler, Natural Gas

Exterior / Lot Features


Parking Spaces: 10

Parking Description: Driveway - Asphalt, Garage Door Height - 0, Garage Door Width - 0, Garage Sq Ft - 0

Exterior: Fiber Board, Brick/Stone

Roof: Pitched, Age Over 8 Years, Asphalt Shingles

Lot View:

Lot Dimensions: 48x118x106x46x48x72

Farm Type:

Crop Type:

Zoning: Business/Commercial

Additional Exterior/Lot Features: Tree Coverage - Light, City Bus (w/in 6 blks), Corner Lot, Road Frontage - City

Soil Type:

Tillable Acres:

Community Features


Security Features: Security Building

Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


35W to36th St Exit, north on Columbus. Parking on street or lot behind building.

Financial Considerations


Other Deposit Fees:

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Cable T.V.,Electric,Broadband,Other

Owner Pays:

Annual Income: $103,800

Annual Expense: $35,126

Ownership Type:

Tax/Property ID: 0202824320169

Tax Amount: $16,622

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$975,000 Original Price
$975,000 Current Price
+$0 Total Change
Date Price Change
4/3/2021 01:06 PM $975,000

Sales History

Date Price Change
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Schools nearby 3500 Columbus 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.

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Contingent and Pending statuses may not be available for all listings