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5700 Nicollet Ave
Minneapolis, MN 55419
Nicollett Ave. Apartments · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 4,465 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1939/2004
Parking Ratio 0.67/1,000 SF
Zoning Multi-Family - UPSCALE NEIGHBORHOOD IN SOUTH MINNEAPOLIS. MAIN FLOOR TWO-BD UNIT LEFT VACANT FOR THE POSSIBLE OWNER-OCCUPANT BUYER. RENTS CURRENTLY UNDER MARKET

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Crown Molding
  • Eat-in Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Basement
  • Dining Room
  • Garden
  • Patio
  • Smoke Free
  • Window Coverings

About 5700 NICOLLET AVE , MINNEAPOLIS, MN 55419

COLONIAL STYLE 5-UNIT LOCATED IN THE HEART OF SOUTH MINNEAPOLIS, MN. NICOLLET AVE. APARTMENTS IS 100% FULLY OCCUPIED. LONG TERM OWNER HAS METICULOUSLY MAINTAINED THIS PROPERTY AND HAS GREAT TENANTS. CONSTRUCTED IN 1939 THE UNITS ARE UNIQUE AND FEATURE ORIGINAL HARDWOOD FLOORING, OAK TRIM AND BASEBOARD, COVED CEILINGS, AND BUILT-INS. BATHROOMS AND KITCHENS HAVE RECENT UPDATES. TWO UNITS ON THE MAIN, TWO UNITS ON 2ND FLOOR AND ONE APT. IN LOWER LEVEL.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 3 $842.00 700
2+1 2 $1,100 900

Property Taxes

Property Taxes

Parcel Number
22-028-24-24-0105
Land Assessment
$131,000
Improvements Assessment
$514,000
Total Assessment
$645,000
  • Listing ID: 13319773

  • Date on Market: 7/29/2018

  • Last Updated:

  • Address: 5700 Nicollet Ave, Minneapolis, MN 55419

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