1112 E Lake Street Minneapolis, MN 55407 (Pending)

$950,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 10/16/2017
Status: Pending

MLS #: 4884833

Retail/Shopping Center Sq. Feet: N/A
On Site: 494 Days Lot Size: 0.11 Acres
Neighborhood: See All Properties for Sale in Midtown Phillips
DESCRIPTION
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Leases are month to month for the new owner to re-negotiate the terms, most of the tenant are solid and long term tenant. Multiple lots. The building have an open basement.
FEATURES / AMENITIES
Air Conditioning: Central
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.11 Acres
Lot Dimensions: 45 x 114
Lot Description: Corner Lot
Garage: Attached Garage, Uncovered/Open
Water: City Water/Connected
Sewer: City Sewer/Connected
Road Frontage: City
Zoning: Business/Commercial
Directions: LOT 012,013,014 BLOCK 001 ALLAN AND ANDERSON'S 2ND ADD TO MPLS
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land
Tax Amount: $26, 629.00
Tax Year: 2018
Annual Gross Expense: 28085.77
Annual Gross Income: 117000.00
Annual Net Income: 74014.23
Annual Trash Expense: 1828
Annual Maintenance Expense: 4200
Annual Insurance Expense: 4694
Annual Fuel Expense: 2204
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Listing Information Last Updated 2/21/2019
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Property Summary

1112 E Lake Street
Minneapolis, MN 55407

MLS®: 4884833

List Price: $950,000

Description:

MLS # 4884833: This property at 1112 E Lake Street, Minneapolis, MN 55407 is located in the Midtown Phillips subdivision and is listed for $950,000. MLS # 4884833 has been on the market for 493 days.