2221 15th AVE S Pending

Minneapolis,MN 55404

$ 499900

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

Subdivision Eliots Add

MLS Listing ID 6653574

Year Built 1911

Annual Tax Amount $6,688

Tax Year 2024

Lot Size 7,405 Sqft

Property Description

Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2500/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment - could easily rent for $1250-1500 & could be a 2-3 BR with some additional framing. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.

Location

State MN

County Hennepin

Zoning Business/Commercial,Residential-Multi-Family

Interior

Heating Forced Air

Cooling Central Air

Inclusions Building,Land,Leases

Exterior

Parking Features Detached,Concrete,Other

Garage Spaces 4.0

Utilities Available Electric Separate,Heating Separate,Hot Water Separate

Roof Type Flat,Pitched,Tar/Gravel

Building

Lot Description Public Transit (w/in 6 blks),Corner Lot

Story Two

Foundation 3103

Sewer City Sewer/Connected

Water City Water/Connected

Structure Type Brick/Stone

Schools

School District Minneapolis

View More
Favorite Go Tour