$455,000
$499,900
9.0%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
7,405 SqFt
SOLD DATE : 05/15/2025
Key Details
Sold Price $455,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,405 sqft
Price per Sqft $61
Subdivision Eliots Add
MLS Listing ID 6653574
Sold Date 05/15/25
Bedrooms 2
Year Built 1911
Annual Tax Amount $8,484
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 56x134
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
Community Eliots Add
Direction Bloomington Ave to 23th St, west to 15th Ave S. Property is on the corner.
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central
Exterior
Parking Features Detached Garage, Driveway - Concrete, Other
Garage Spaces 4.0
Utilities Available Electric Separate, Heating Separate, Hot Water Separate
Roof Type Flat,Pitched,Tar/Gravel
Accessibility None
Total Parking Spaces 4
Building
Lot Description Corner Lot, Public Transit (w/in 6 blks)
Water City Water/Connected
Others
Senior Community No
Tax ID 3502924120108
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