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Paula Swirtz

paula@pathwayshomegroup.com +1(651) 362-5690

$ 1,464,900

Est. payment | -/mo

7,840 Sqft Lot

Save

$ 1,464,900

Est. payment | -/mo

Save

7,840 Sqft Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Nicollet Add

MLS Listing ID 7108476

Year Built 1939

Annual Tax Amount $22,596

Tax Year 2025

Contingent None

Lot Size 7,840 Sqft

Lot Dimensions 53.00 X 145.50

Property Description

Very clean professionally managed 14 Unit (6 1Br & 8 Studios) Brownstone in the heart of South Mpls featuring spacious updated studios and one-bedroom apartments with loads of character and charm throughout the building. Located in the Lyndale neighborhood with a great walk score of 83 - Shopping, dining, nightlife and entertainment are within blocks in every direction as well as the famous "Eat-Street". Newer roof, boiler, common area updates and updated units. 15 off street parking spaces (extra PID behind building). Great addition to any investment portfolio! No need to get financing, Buyer can assume a very low-interest rate Freddie Mac mortgage of 3.46%, maturing in February of 2031. Opportunities like this do not come along often.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Interior

Heating Boiler

Inclusions Building, Land, Rental License

Fireplace No

Exterior

Parking Features Parking Lot

Utilities Available Electric Separate, Heating Common, Hot Water Common

Present Use Other

Building

Story Two

Foundation 3400

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

New Construction false

Schools

School District Minneapolis

Listed by Jerry Lindeen • Metro Group Real Estate

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(651) 362-5690

paula@pathwayshomegroup.com

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3322 Blaisdell AVE Minneapolis, MN 55408