a Berkshire Hathaway affiliate

$1,399,000

4000 Aldrich Avenue S, Minneapolis, MN 55409


$1,399,000

Off-Market Date: 9/18/2020

4000 Aldrich Avenue S Minneapolis, MN 55409

Pending MLS# 5655466

8,080 sq ft Commercial

Data current as of {{getLocalTime('2020-11-29T13:45:57Z')}}

Details

MLS# 5655466

Description for 4000 Aldrich Avenue S, Minneapolis, MN, 55409


Classic 9-unit in the heart of south Minneapolis and blocks from Lake Harriet. Loads of original woodwork and hardwood floors. Roof was replaced with a Duro-Last water tight roofing system. Very well cared for by long term 40+ year owners. 100% occupied

Listing Information


Property Type: Commercial, Apartments/Multi Family

Status: Pending

Lot Size: 0.15 Acres

Square Feet: 8,080 sq ft

Year Built: 1920

Foundation: 4,040 sq ft

Garage: No

Stories:

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Remingtons 3rd Add

Builder:

Foundation:

Total Units: 9

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: 9

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Interior Features


Square Footage above:

Square Footage below:

Appliances: Range, Refrigerator

Flooring:

Basement: Day/Lookout Windows, Partial Finished, Full

Additional Interior Features: Hardwood Floors, Tiled Floors, Natural Woodwork, Ceiling Fan(s), Walk-In Closet, Kitchen Window

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

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

Other Utilities:

Cooling: Window

Heating: Steam, Natural Gas

Exterior / Lot Features


Parking Spaces: 2

Parking Description: Unassigned, Driveway - Asphalt

Exterior: Brick/Stone

Roof: Flat, Age Over 8 Years

Lot View:

Lot Dimensions: 47 x 134

Farm Type:

Crop Type:

Zoning: Residential-Multi-Family

Additional Exterior/Lot Features: Tree Coverage - Light, Corner Lot, Road Frontage - City, Paved Streets

Soil Type:

Tillable Acres:

Community Features


Security Features: Security Building

Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Driving Directions


Highway 35W to 35th/36th Street Exits / Go West to Aldrich Ave. / Go south to Property / Building situated on the SW corner of 40th and Aldrich

Financial Considerations


Other Deposit Fees:

Assessments: $329

Covenants/Deed Restrictions:

Terms:

Tenant Pays: Electric,Cable T.V.

Owner Pays: Taxes,Insurance,Water/Sewer,Fuel,Trash,Lawn,Snow,Maintenance/Repair

Annual Income: $101,568

Annual Expense: $46,690

Ownership Type:

Tax/Property ID: 0902824140015

Tax Amount: $25,461

Tax Year: 2020

HomeStead Description: Non-Homesteaded

Price Changes


$1,399,000 Original Price
$1,399,000 Current Price
+$0 Total Change
Date Price Change
9/9/2020 08:13 PM $1,399,000

Sales History

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Schools nearby 4000 Aldrich 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

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