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5700 Nicollet Ave
Minneapolis, MN 55419
Nicollett Ave. Apartments · Multifamily Property For Sale
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5 Units
Property Facts
| No. Units | 5 | Building Size | 4,465 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1939/2004 |
| Building Class | C | Parking Ratio | 0.67/1,000 SF |
| Lot Size | 0.15 AC | ||
| 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 | ||
| 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
| Parcel Number | 22-028-24-24-0105 | Improvements Assessment | $514,000 |
| Land Assessment | $131,000 | Total Assessment | $645,000 |
Property Taxes
Parcel Number
22-028-24-24-0105
Land Assessment
$131,000
Improvements Assessment
$514,000
Total Assessment
$645,000
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