5605 Nicollet Avenue S

Minneapolis, MN 55419 View Map $1,650,000 Ask a Question
Acres0.12
Year2017

Kris Lindahl Real Estate

(763) 347-2956

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Status: Sold
Property Type:Apartment
MLS #:6198950
Date Sold:8/19/2022
Lot Size:0.12 Acres
County:Hennepin
Incredible 6 unit building - built in 2017, this is a unicorn in Minneapolis. The finishes inside are highly desirable for the rental marketplace with subway tile, bright open concept kitchen with islands, LVP tile, stainless appliances and washer/dryer in each unit. This building lends to ease of ownership with opportunity to self manage as the common spaces are minimal. Renter retention has proven to be positive with several units having had the same tenants since being built.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
8/19/2022$1,699,900$1,650,000-2.9%

Community Information

Address:5605 Nicollet Avenue S, Minneapolis, MN 55419
County:Hennepin
City:Minneapolis
School District:Minneapolis
Subdivision:Thorpe Bros Nicollet Manor
Zip Code:55419
Neighborhood:Windom

Features / Amenities

Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Amenities: Indoor Sprinklers, Kitchen Center Island, Security System, Tile Floors
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas

Property Features

Lot Size: 0.12 Acres
Lot Dimensions:40x126x40x126
Utilities: Electric Separate, Heating Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Zoning:Residential-Multi-Family
Directions:Diamond Lake Road to S on Nicollet Avenue to E 56th Street. On East Side..

Tax and Financial Info

Sale Includes: Leases
Tax Year: 2021
Tax Annual Amount: $17,689
Gross Income: $121,618
Tenant Pays: Cable TV, Electricity, Fuel, Water
Association Amenities: Fire Sprinkler System, Security

Schools

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Listing Information Last Updated 3/28/2024
Listing provided courtesy of Realty One Group Choice.
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