515 5th Street Minneapolis, MN 55414
Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a quiet and well leased location for your next investment property.
- Property TypeCommercial
- NeighborhoodMill Cos Add To St Anthony Fal
- CountyHennepin
- Taxes$27,260
- HOA/Condo/Coop Fees$0
- Days on Site115 Days
- MLS StatusActive
- MLS ID Number6476128
- Home Size Source N/A
- Year Built1960
- Lot Size0.25 Acres
- Full Baths10
- Partial BathsN/A
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General Features
- Parking AsphaltPaved
- Basement BlockDaylight/ Lookout WindowsEgress Window(s)FinishedFullPartially FinishedStorage/ Locker
- Number of Stories 2
- Zoning Residential-Multi-Family
- Property Sub Type Apartment
- Garage Spaces 0
- Utilities None
- Contingency Inspection
- Sewer City Sewer/ Connected
- Water City Water/ ConnectedCity Water - In Street
- Lot Features Public Transit (w/in 6 blks)Tree Coverage - Light
Interior Features
- Heating Boiler
- Appliances RangeRefrigerator
Exterior Features
- Roof FlatRubber
- Lot Public Transit (w/in 6 blks)Tree Coverage - Light
- Road Frontage City Street
- Construction Details Brick/ Stone