1120 Lowry Avenue N Minneapolis, MN 55411

$2,200,000 N/A N/A
Price Bedrooms Bathrooms
Price has not changed since being added to site on 5/18/2021
Status: Active

MLS #: 5759456

Mixed Use Sq. Feet: N/A
On Site: 157 Days Lot Size: 0.25 Acres
Neighborhood: See All Properties for Sale in Folwell
DESCRIPTION
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100% occupied North Minneapolis 10 unit mixed-use investment opportunity! Five street level retail, Two street level restaurant, Two - 1 bedroom Apartments, One - 2 bedroom Apartment. Corner portion of the building Emerson & Lowry built in 2014. Storefronts along Lowry built in 1968. New electric, new gas lines.
FEATURES / AMENITIES
Accessibility Features: No Stairs External
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
PROPERTY FEATURES
Lot Size: 0.25 Acres
Lot Dimensions: 88 x 127
Lot Features: Public Transit (w/in 6 blks), Corner Lot
Parking Features: Asphalt, Open
Utilities: Electric Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Zoning: Residential-Multi-Family,Business/Commercial
Directions: Lowry Ave N at Emerson Street
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land, Leases
Tax Year: 2020
Tax Annual Amount: $15, 168
Water / Sewer Expense: $3, 120
Fuel Expense: $7, 200
Electric Expense: $17, 160
Insurance Expense: $7, 500
Trash Expense: $5, 580
Gross Income: $190, 620
Net Income: $135, 130
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Listing Information Last Updated 10/21/2021
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Property Summary

1120 Lowry Avenue N
Minneapolis, MN 55411

MLS®: 5759456

List Price: $2,200,000

Description:

MLS # 5759456: This property at 1120 Lowry Avenue N, Minneapolis, MN 55411 is located in the Folwell subdivision and is listed for $2,200,000. MLS # 5759456 has been on the market for 156 days.