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Listing 19 out of 1,237
$1,600,000 For Sale

1824 Elliot Avenue
Minneapolis, MN 55404

11 units |

Commercial: Commercial - MLS# 5145183
Property Photo
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Description

Charming turn-of-the-century Red Brick building with new updates! New windows, cabinets, lighting, plumbing, electrical, and re-finished hardwood floors. Six in-unit Washer and Dryer. 1 Commercial Washer. 2 Commercial Dryers. 11 in-unit Stainless steel appliances. Dramatic downtown views. Walk or Bike to downtown. Walking distance to US Bank Football Stadium, HCMC, Abbott Northwestern Hospital, Greenway & Wells Fargo Centers. Great investment opportunity in Minneapolis Downtown East!

Features

  • Property Type: Commercial
  • Sub Type: Commercial
  • Listing Status: Active
  • County/Area: Hennepin County
  • Zip Code: 55404
  • Year Built: 1928
  • Subdivision/Neighborhood: Ventura Village
  • School District: 1 - Minneapolis
  • Units: 11 units
  • Basement: Walkout,Finished (Livable)
  • Garage: Detached, Door Opener, 4-Car
  • Air Conditioning: Central
  • Amenities - Shared: Security Building, Patio, Coin-Op Laundry Owned
  • Amenities - Unit: Natural Woodwork, Kitchen Window, Hardwood Floors, Washer/Dryer Hookup
  • Annual Electric Expense: 950
  • Annual Fuel Expense: 3685
  • Annual Gross Expense: 25586.00
  • Annual Gross Income: 114300.00
  • Annual Insurance Expense: 6730
  • Annual Net Income: 88714.00
  • Annual Water/Sewer Expen: 2490
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Building Finished Square: 7500
  • Exterior: Brick/Stone
  • Foundation Size: 2500
  • Fuel: Natural Gas
  • Heating: Hot Water, Boiler
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 150x50
  • MLS ID: RMLS
  • Neighborhood: Ventura Village
  • Number Of 1 Bedroom Unit: 9
  • Number Of Efficiencies: 2
  • Number Of Ranges: One Per Unit
  • Number Of Refrigerators: One Per Unit
  • Other Parking Spaces: 1
  • Parking Characteristics: Detached Garage, Driveway - Asphalt, Driveway - Shared, Garage Door Opener
  • Postal City: Minneapolis (Mn)
  • Road Frontage: City
  • Roof: Flat
  • Sale Includes: Building, Land, Leases, Other
  • Sewer: City Sewer/Connected
  • Tenant Expenses: Electric
  • Total Annual Income: 148800
  • Water: City Water/Connected
  • Zoning: Residential-Multi-Family
Courtesy of Engel & Volkers Minneapolis Downtown

Contact






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RE/MAX Elite 4037 W Broadway #204,
Robbinsdale, MN 55422
Office: 763-208-4212  sales@mnelite.com

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