Address
2631 Columbus Avenue S Minneapolis, MN
Price
$ 3,600,000
Property Attributes
  • ML#5704261
  • TypePending
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaShepards Sub Of Lt 10 Emersons
  • NeighborhoodPhillips West
  • Zip55407
  • StyleApartment
  • Year Built1972
  • Taxes49102
  • Price$ 3,600,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23100
  • Lot Size0.47 Acres
Listing Provided Courtesy Of:
Apartment Cash Flow, Inc.
Data Source:
NorthstarMLS
Property Description

FULLY OCCUPIED 33-UNIT IN SOUTH MPLS. IN ABOVE AVERAGE CONDITION! ALL BRICK EXTERIOR W/ NEWER WINDOWS. ROOF IS APPROX. 10-11 YEARS OLD. BUILT IN 1972 WITH UNIT MIX 5-2BD, 27-1BD, AND1-STUDIO. SITS ON CLOSE TO A HALF AN ACRE & BLOCKS FROM ABBOTT NORTHWESTERN HOSPITAL. NET OPERATING INCOME IS APPROX. $216,199+

Price History
1/22/2021 Listed $3,600,000

General Features

Accessibility None
Appliances Range, Refrigerator
Construction Materials Brick/Stone
Contingency None
Cooling Wall Unit(s)
Current Use Residential
Fuel Expense 9975
Heating Hot Water
High School District Minneapolis
Lender Owned No
Parking Features Paved
Property SubType Apartment
Property Type Commercial Sale
Roof Flat, Age Over 8 Years
Sewer City Sewer/Connected
Standard Status Pending
Tax Annual Amount 49102
Total Units 33
Water Sewer Expense 18605
Zoning Description Residential-Multi-Family

Interior Features

Basement Finished, Daylight/Lookout Windows

Exterior Features

Foundationarea 7700
Lot Dimensions 123 x 158
Lot Features Tree Coverage - Light
Lot Size Area 0.47
Lot Size Units Acres
Road Frontage Type City Street
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 55407

Price
AVG $380K
$3.6M
Taxes
AVG $4,660
$49,102
Visits
AVG 44
37
Year Built
AVG 1924
1972
Walkscore
AVG 75
81
Data Provided by Walkscore ® not using MLS data

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