515 5th Street Southeast
515 5th Street Southeast
Active Under Contract
Active Under Contract
Description
updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well
maintained mechanicals...Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently
updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well
maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a
quiet and well leased location for your next investment property.
- Listed by Keller Williams Integrity RE
Property Details for 515 5th Street Southeast
Location
Property Details for 515 5th Street Southeast
| Status | Active Under Contract |
|---|---|
| MLS # | 6476128 |
| Days on Compass | 92 |
| Taxes | $27,260 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Apartment |
| MLS Type | Commercial Sale / Apartment |
| Year Built | 1960 |
| Lot Size | 0.25 AC / 10,890 SF |
| County | Hennepin County |
Location
Building Information for 515 5th Street Southeast
Payment Calculator
$11,004 per month
30 year fixed, 7.25% Interest
$8,732
$2,272
$0
Property Information for 515 5th Street Southeast
- City Name: Minneapolis
- County Or Parish: Hennepin
- County: Hennepin-MN
- Directions: 35 W to 4th St Exit to 5th Ave, to 5th Street SE
- Latitude: 44.98708
- Longitude: -93.247363
- Map Coordinate: 106-E2
- Map Coordinate Source: King's Street Atlas
- City and Location: Minneapolis
- City and Location Text: Minneapolis(MN)
- Postal Code: 55414
- State Or Province: MN
- Public Survey Township: 29
- Topography: Level
- Additional Parcels: No
- Parcel Number: 2402924230075
- Tax Annual Amount: $27,260.00
- Tax Legal Description: BLOCK 011 MILL COS ADDN TO ST ANTHONY FALLS LOT 12 AND THE NELY 40 FT OF LOTS 1 AND 2
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2022
- Tax With Assessments: 27260.0000
- High School District: 1 - Minneapolis
- School District Number: 1
- School District Phone: 612-668-0000
- Current Use: Residential
- Lot Features: Public Transit (w/in 6 blks), Tree Coverage - Light
- Lot Size Area: 0.25
- Lot Size Dimensions: 66x165
- Lot Size Units: Acres
- Property Sub Type: Apartment
- Property Type: Commercial Sale
- Building Area Total: 10692.0
- Age Of Property: 64
- Sewer: City Sewer/Connected
- Utilities: None
- Water Source: City Water/Connected, City Water - In Street
- Accessibility Features: None
- Foundation Area: 3888.0
- Fuel: Natural Gas
- Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks
- Roof: Flat, Rubber
- Appliances: Range, Refrigerator
- Basement Type: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Partially Finished, Storage/Locker
- Amenities Unit: Ceiling Fan(s),Main Floor Primary Bedroom,Natural Woodwork
- Heating: Boiler
- Levels: Two
- Number of Refrigerator: One
- Basement YN: Yes
- Unit Bath Full: 1
- Unit Rooms Total: 6
- Unit SqFt: 900
- Unit Type Baths Total: 1
- Unit Type Beds Total: 3
- Unit Is Leased: 0
- Unit Level: BEGND
- Unit Number: 1
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Level: MAIN
- Unit Number: 6
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: SECND
- Unit Number: 7
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: BEGND
- Unit Number: 8
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: BEGND
- Unit Number: 9
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: SECND
- Unit Number: 10
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: SECND
- Unit Number: 11
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: MAIN
- Unit Number: 2
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: MAIN
- Unit Number: 3
- Unit Bath Full: 1
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 1
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: SECND
- Unit Number: 4
- Unit Rooms Total: 5
- Unit SqFt: 800
- Unit Type Baths Total: 0
- Unit Type Beds Total: 2
- Unit Is Leased: 1
- Unit Level: MAIN
- Unit Number: 5
Property History for 515 5th Street Southeast
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 515 5th Street Southeast
Schools near 515 5th Street Southeast
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Webster Elementary PublicPK to 5 | ||
Northeast Middle School Public6 to 8 | ||
Edison Senior High School Public9 to 12 | ||
Marcy Open Elementary School PublicK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Keller Williams Integrity RE
Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/24/2024 03:23 PM
