3116 EMERSON AVENUE

3116 Emerson Avenue, Minneapolis, 55411, MN

DETAILS

Great opportunity to own a fully leased 6-unit mixed-use commercial/apartment building with 8.5% cap. It has 10 open parking spaces on the back of the building. The 4-unit apartment tenants have yearly leases. The salon tenant's lease expires on 12/31/2026. The church tenant has a lease to 8/31/2024.

INTERIOR

  • Bedrooms: N/A

  • Fin ft² / Living Area: N/A

  • Below Ground Living: N/A

  • Bathrooms: N/A

  • Above Ground Living: N/A

  • Basement Details: ,

  • Appliances Included:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 2553ft²

  • Unit Amenities:

  • Heating System:

    • Hot Water

LOT

  • Acres: N/A

  • Lot Size Dim.: 52x127

  • Longitude: 45.0128

  • Latitude: -93.2939

  • Zoning: Business/Commercial

FINANCIAL & TAXES

  • Tax year: 2022

  • Tax annual amount: $5,626

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST6183877

  • Listing Brokerage: RE/MAX Results Agency Icon

ID: 628218
Published: April 23, 2022
Last Update: April 23, 2022
Views: 130