409 7TH STREET

409 7th Street, Minneapolis, 55414, MN

DETAILS

Large Lot with 5-unit apartment property located in the Marcy Holmes neighborhood near the University of MN. Total of 8 rental rooms, one 3-Bed, one 2-Bed, one 1-Bed and 2 Studio units. Units are in good condition and the roof was replaced in 2023. Large lot provides highly desired off-street parking and an opportunity for future redevelopment. Located near the U of MN, this property has been a solid rental for many years. Easy access to downtown Minneapolis via Hennepin and Central Avenues and HWY 35w. Listed below assessed value. Gross Potential Income: $56,000.

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: 1572ft²

  • Unit Amenities:

  • Heating System:

    • Forced Air

LOT

  • Acres: N/A

  • Lot Size Dim.: 54.00 X 166.00

  • Longitude: 44.9891

  • Latitude: -93.2467

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2023

  • Tax annual amount: $7,585

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer - In Street

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7349960

  • Listing Brokerage: Metro Group Real Estate Agency Icon

ID: 2784500
Published: March 25, 2024
Last Update: March 25, 2024
Views: 14