$1,255,000
$1,300,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
1401 W 32nd ST Minneapolis, MN 55408
5,662 Sqft Lot
Key Details
Sold Price $1,255,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Remingtons 2Nd Add
MLS Listing ID 6155181
Sold Date 05/03/22
Year Built 1915
Annual Tax Amount $20,019
Tax Year 2021
Contingent None
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 64x87
Property Sub-Type Apartment
Property Description
Historically a premium rental location! 7 unit apartment property in the heart of Uptown consisting of (6) 2 bedroom units with warm sunrooms & a 1 bedroom garden level unit. Classic brownstone durable brick building with curb appeal. Built-in buffets & hardwood floors throughout. Short walk to the Mpls lakes & popular Uptown restaurants. Steady demand rental area. Dependable tenant base with no vacancies. One of the highest demand locations in the Twin Cities. Stable, reliable & consistent investment into the future. True 5.9% cap rate investment. Smoke-free bldg in quiet neighborhood. See supplement for financials.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Hot Water
Cooling Window Unit(s)
Fireplace No
Appliance Range, Refrigerator
Exterior
Parking Features Concrete, On-Street Parking Only
Utilities Available Electric Separate, Heating Common, Hot Water Common
Roof Type Age Over 8 Years,Flat,Rubber
Present Use Residential
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Foundation 2460
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
Schools
School District Minneapolis
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