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1701 Elm Street SE

Minneapolis, MN 55414
  • $8,000,000
  • STATUS: Contingent
  • ON SITE: 78 Days
  • ID#: 6401816
UPDATED: 47 min ago
$8,000,000
  • 0
    BEDS
  • 1.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,658
    SQFT
  • $279
    $/SQFT
Type:
Commercial
Built:
1987
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Re/Max Professionals.

Description

Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PIDs: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package.

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-09-30T17:23:00.147.

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1701 Elm Street SE Minneapolis, MN 55414

  • Price: $8,000,000
  • Status: Contingent
  • On Site: 78 Days
  • Updated: 47 min ago
  • ID#: 6401816
0
Beds
0
Baths
0
½ Baths
1.26
Acres
28,658
SQFT
$279
$/SQFT
1987
Built
Neighborhood:
Mcmillans Sub Blks Rollins Add
County:
Hennepin
Area:
COMO
School District:
1 - Minneapolis
Property Description
Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PIDs: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package.
Exterior Features

Construction Materials Brick/Stone Foundation Area 6748 Lot Size Dimensions 172X167 Parking Features Assigned Parking Open 0

Interior Features

Heating Hot Water

Property Features

Accessibility Features None Additional Parcels YN Yes Assessment Pending Yes Contingency Inspection Current Use Residential Electric Expense 8699 Expenses 257008.0000 Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Fuel Expense 21976 Gross Income 763242 Inclusions BuildingRental License Insurance Expense 9013 Land Lease YN No Lender Owned No Maintenance Expense 58751 Net Operating Income 506235 Operating Expense 257008 Postal City Minneapolis Potential Short Sale No Property Sub Type Apartment Rental License YN No Sewer City Sewer/Connected Tax Annual Amount 111959 Tax With Assessments 113947.2400 Tax Year 2023 Trash Expense 6764 Utilities Electric SeparateHeating CommonHot Water Common Water Sewer Expense 19713 Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Professionals: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Smith Team - Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Smith Team - Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Smith Team - Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-09-30T17:23:00.147.

Click here for Digital Millennium Copyright Act
 
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The Smith Team - Keller Williams Premier Realty
3555 Willow Lake Blvd #100
Vadnais Heights MN, 55110
NorthstarMLS] logo Listing courtesy of Re/Max Professionals.