3516 18th Avenue S Minneapolis, MN 55407 (Sold)

$560,000 N/A N/A
Price Bedrooms Bathrooms
Price dropped by 2.6% before being sold sold on 11/10/2021
Status: Sold

MLS #: 6026307

Apartment Sq. Feet: N/A
Date Sold: 11/10/2021 Lot Size: 0.13 Acres
Neighborhood: See All Properties for Sale in Powderhorn Park
DESCRIPTION
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Excellent cash flowing turn-key 5 unit apartment building in high demand rental area. Every unit has been updated. Parking strip in rear and off street parking is available for tenants. Close to Powderhorn Park, public transit, and famous Matt's bar.
FEATURES / AMENITIES
Appliances: Range, Cooktop, Microwave, Exhaust Fan, Dishwasher, Refrigerator, Freezer, Washer, Dryer, Gas Water Heater
Amenities: Natural Woodwork, Kitchen Window, Vaulted Ceiling(s), Ceiling Fan(s), Hardwood Floors
Accessibility Features: Wheelchair Ramp(s)
Cooling: Wall Unit(s)
Heating: Forced Air, Baseboard
Fuel: Natural Gas, Electric
PROPERTY FEATURES
Lot Size: 0.13 Acres
Lot Dimensions: x
Parking Features: Paved
Utilities: Electric Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Zoning: Residential-Multi-Family
Directions: Exit Hwy 55 and head south on Cedar Ave S follow Cedar Ave down to E 35 St and take a right on 18th Ave S. building will be on your right.
COMMUNITY, TAX AND RELATED INFO
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land, Leases, Rental License
Tax Year: 2020
Tax Annual Amount: $7, 440
Water / Sewer Expense: $3, 360
Fuel Expense: $1, 920
Electric Expense: $360
Gross Income: $62, 280
Net Income: $46, 000
Association Amenities: Coin-op Laundry Owned, Common Garden
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Listing Information Last Updated 11/27/2021
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Property Summary

3516 18th Avenue S
Minneapolis, MN 55407

MLS®: 6026307

List Price: $560,000

Description:

MLS # 6026307: This property at 3516 18th Avenue S, Minneapolis, MN 55407 is located in the Powderhorn Park subdivision and is listed for $560,000. MLS # 6026307 has been on the market for 130 days.