5700 Nicollet Avenue S, Minneapolis, 55419

Commercial Sale - Apartment For Sale in Hunters Park

$659,900

Beds
Baths
Sqft
.15Acres
1939Built
12DOM
MLS® #: 5710808
Pending, 12 Days on Market

UPSCALE NEIGHBORHOOD IN SOUTH MINNEAPOLIS. MAIN FLOOR TWO-BD UNIT LEFT VACANT FOR THE POSSIBLE OWNER-OCCUPANT BUYER. RENTS CURRENTLY UNDER MARKET AND HAS HUGE VALUE ADD POTENTIAL. NEWER PITCHED ROOF AND MANY WINDOWS HAVE BEEN REPLACED BY CURRENT OWNER WHO HAS DONE A METICULOUS JOB MANAGINGTHE PROPERTY! CURRENT IN-PLACE CAPRATE IS 6.82% AND A CASH ON CASH RETURN OF 9.42%

Essential Information

MLS® #: 5710808
Price: $659,900
Acres: 0.15
Year Built: 1939
Type: Commercial Sale
Sub-Type: Apartment
Style: Apartment
Status: Pending

Community Information

Address: 5700 Nicollet Avenue S
Area: Windom
Subdivision: Hunters Park
City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419

Amenities

Amenities: Patio,Coin-op Laundry Owned,Security,Common Garden
Garages: Detached,Concrete,Unassigned

Interior

Appliances: Range,Refrigerator
Heating: Hot Water

Exterior

Roof: Asphalt,Pitched,Age Over 8 Years
Construction: Vinyl Siding

Additional Information

Days on Market: 12
Zoning: Residential-Multi-Family

Listing Details

Listing Office: Apartment Cash Flow, Inc.

The data relating to real estate for sale on this 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 Kris Lindahl - Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity house icon and detailed information about them includes the names of the listing brokers. Kris Lindahl - Real Estate is not a Multiple Listing Service MLS, nor does it offer MLS access. This website is a service of Kris Lindahl - Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.

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Listing information last updated on March 3rd, 2021 at 11:35am CST.