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  • Key Facts
  • Description
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Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage Yes
Maintenance Fees $2,800
Taxes $21,702
Days Active 2
Approx. Age 1924
MLS® Number 6735952

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters.Show Description
MLS® Number6735952
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1924
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBoiler
A/CWindow Unit(s)
Heating Fuel

Extras

Building, Leases, Rental License

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