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1101 S 7th St
Minneapolis, MN 55414
Multifamily Property For Sale
·
25 Units
Investment Highlights
- Pro Forma 8.54% Cap Rate
- Located in the vibrant Elliot Park Neighborhood of downtown Minneapolis, offering easy access to a plethora of dining and entertainment options
- Close proximity to Elliot Park and the Elliot Park Recreation Center
- Historic brownstone construction exuding vintage and sophisticated charm
- Dedicated 6-space parking lot supplemented by ample street parking
- Additional office space located in the basement perfect for property management
Property Facts
| No. Units | 25 | Lot Size | 0.21 AC |
| Property Type | Multifamily | Building Size | 14,400 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1915 |
| Building Class | C | ||
| Zoning | OR3 | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.21 AC |
| Building Size | 14,400 SF |
| No. Stories | 3 |
| Year Built | 1915 |
| Zoning | OR3 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 25 | - | 550 |
Property Taxes
| Parcel Number | 24-029-24-24-0055 | Improvements Assessment | $188,000 |
| Land Assessment | $118,000 | Total Assessment | $306,000 |
Property Taxes
Parcel Number
24-029-24-24-0055
Land Assessment
$118,000
Improvements Assessment
$188,000
Total Assessment
$306,000
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