300 Cedar Lake Rd S Minneapolis, MN 55405 | MLS # 4180484

General Details

$330,000
MLS #: 4180484
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Description

Great investment opportunity in Bryn Mawr neighborhood. 100% leased, not S/S, or REO. New roof 2007, 2 units are recently updated. 3 residential units up and 1,696sf commercial space. Note: Please respect tenants, listing agent to be present for showings.

Property Details

Price: $330,000 Acres: 0.110 MLS Number: 4180484 Property Type: Commercial Year Built: 1907
Foundation SQFT: 1696 Water: City Water - Connected Sewer: City Sewer - Connected

School Information

School District: MINNEAPOLIS

Room Dimensions

Room Information

Interior Descriptions & Features

Appliances:

Range, Refrigerator

Heating System:

Forced Air, Hot Water

Cooling System:

Central

Basement:

Partial

Unit Amenities:

, , Hardwood Floors

Garage Description:

On-Street Parking Only

Exterior Description & Lot Features

Exterior: Wood, Stucco Roof: Flat, Age 8 Years or Less, Rubber

Driving Directions

From I-394: North on Penn Ave to Cedar Lake Road S., right at 4-way stop, one block to Oliver Ave. Building located on Northwest corner.

Property Details

Building SQFT: 2917 Prop. Type: Commercial County: Hennepin Accessibility Access: None Fuel Type: Natural Gas, Electric Lot Size Dimensions: SE20X90X80X93 Owner Occupied: N Assessment Pending: YES

Financial Information

In Foreclosure: No Tax Year: 2011 Yearly Taxes: $8,591 Yearly Taxes w/ Assessments: $8,950 Gross Income: 38940.00 Net Income: 23730.00 Expenses Fuel: 800 Expenses Insurance: 1800 Expenses Maintenance: 500 Expenses Repair: 500 Expenses Trash: 850 Expenses Water Sewer: 1800 Expenses Total Annual: 15210 Owner Expense: Taxes, Insurance, Water/Sewer, Fuel, Maintenance/Repair, Trash Tenant Expense: Electric, Janitorial, Snow, Lawn

Unit Information

Total Units: 3
Listing Courtesy: McRoberts Real Estate, LLC

The Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.
Data Last Updated: 2013-05-25 04:05:01

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