1529 E 38th ST Pending Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55407
Key Details
Property Type Condo, Commercial
Sub Type Apartment,Low Rise
Listing Status Pending
Purchase Type For Sale
Subdivision Monroe Bros Sub Of Lts Herrick Haml
MLS Listing ID 6583651
Year Built 1959
Annual Tax Amount $15,916
Tax Year 2024
Contingent None
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 92x92x92x92
Property Description
Great cash flowing investment opportunity for sale in Minneapolis! This 11 unit apartment building has 1-bedroom and 1-bathroom in each unit. This building has been very well maintained and has over $200k in recent capital improvements! Each unit has been updated along with all the common areas. Recent building improvements include a concrete surface parking lot, high efficiency boiler and zone valves, roof, gutters, soffits, downspouts, windows, and separately metered electrical. Conveniently located close to restaurants, highways, public transportation, shopping, parks and more. Don’t miss this opportunity to own a quality multifamily property!
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Interior
Heating Boiler
Cooling Wall Unit(s)
Inclusions Building,Fixture/Equipment,Land,Leases
Fireplace No
Appliance Cooktop,Range,Refrigerator,Wall Oven
Exterior
Parking Features Concrete,Other
Utilities Available Electric Common,Heating Common,Hot Water Common
Roof Type Age 8 Years or Less
Present Use Commercial,Residential
Building
Lot Description Public Transit (w/in 6 blks)
Story Three Or More
Foundation 2624
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Three Or More
Structure Type Brick/Stone
Schools
School District Minneapolis