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1529 38th St E
Minneapolis, MN 55407
Multifamily Property For Sale
·
11 Units
Investment Highlights
- 7,893 SF multifamily building with 11 units
- Currently 100% occupied
- Over $200k in recent capital improvements
- Zoned CM2 for commercial/multifamily use
- Excellent investment opportunity
- New roof, gutters, soffits, downspouts. Newer concrete surface parking lot, newer boiler/zone valves, newer windows, & electrical panels in all units
Property Facts
| No. Units | 11 | Building Size | 9,054 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 1.1/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | CM - CM2 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 9,054 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1959 |
| Parking Ratio | 1.1/1,000 SF |
| Zoning | CM - CM2 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Tub/Shower
- Dining Room
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 11 | $1,075 | - |
Property Taxes
| Parcel Number | 11-028-24-11-0076 | Improvements Assessment | $819,100 |
| Land Assessment | $118,900 | Total Assessment | $938,000 |
Property Taxes
Parcel Number
11-028-24-11-0076
Land Assessment
$118,900
Improvements Assessment
$819,100
Total Assessment
$938,000
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