9 Beds
10 Baths
10,019 Acres Lot
9 Beds
10 Baths
10,019 Acres Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Subdivision J S & W Elliots Add
MLS Listing ID 6428729
Bedrooms 9
Year Built 1902
Annual Tax Amount $19,003
Tax Year 2024
Contingent None
Lot Size 10019.000 Acres
Acres 10019.0
Lot Dimensions 150x68
Property Description
A return to the pre-covid use of short term stays will be the likely course of action for a new owner. The income was up to $229,000. There are many short term stay platforms now; not just AIRBNB. CONTRACT FOR DEED TERMS AVAILABLE!
The owner started out with 12 worn out apartments, gutted the entire building, and put in 6 brand new apartments / condominiums. The units are set up so they can be condos with the values showing up as $450,000 to $480,000.
It is very energy efficient; it was insulted with spray foam and has solar panels.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Finished, Full
Interior
Heating Forced Air
Cooling Central Air
Inclusions Building, Fixture/Equipment, Other
Fireplace No
Appliance Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Exterior
Parking Features Carport, Covered, Concrete, Paved Lot, More Parking Offsite for Fee
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
View City Lights
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Story Two
Foundation 2947
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
New Construction false
Schools
School District Minneapolis
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