$650,000
$659,900
1.5%For more information regarding the value of a property, please contact us for a free consultation.
5700 Nicollet AVE S Minneapolis, MN 55419
6,534 Sqft Lot
Key Details
Sold Price $650,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Hunters Park
MLS Listing ID 5710808
Sold Date 04/07/21
Year Built 1939
Annual Tax Amount $8,568
Tax Year 2021
Contingent None
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 52 x 126
Property Description
UPSCALE NEIGHBORHOOD IN SOUTH MINNEAPOLIS. MAIN FLOOR TWO-BD UNIT LEFT VACANT FOR THE POSSIBLE OWNER-OCCUPANT BUYER. RENTS CURRENTLY UNDER MARKET AND HAS HUGE VALUE ADD POTENTIAL. NEWER PITCHED ROOF AND MANY WINDOWS HAVE BEEN REPLACED BY CURRENT OWNER WHO HAS DONE A METICULOUS JOB MANAGINGTHE PROPERTY! CURRENT IN-PLACE CAPRATE IS 6.82% AND A CASH ON CASH RETURN OF 9.42%
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Egress Window(s), Full, Partially Finished
Interior
Heating Hot Water
Fireplace No
Appliance Range, Refrigerator
Exterior
Garage Detached, Concrete, Unassigned
Garage Spaces 3.0
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Asphalt,Pitched
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Story Two
Foundation 2228
Sewer City Sewer/Connected, Compost
Water City Water/Connected
Level or Stories Two
Structure Type Vinyl Siding
Schools
School District Minneapolis
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