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1000 5th Street SE

Minneapolis, MN 55414
  • $3,950,000
  • STATUS: Active
  • ON SITE: 192 Days
  • ID#: 6345745
UPDATED: 45 min ago
$3,950,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 14,592
    SQFT
  • $271
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1952
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Re/Max Results.

Description

We are pleased to offer a recently developed 26 room, 56-60 bed capacity Multifamily and Special Use building For Sale at the University of Minnesota. Excellent like-new condition inside and out with huge renovations & improvements in 2018 including all new systems and an entire 3rd level added. This property has a communal living setup with 1 bedroom units which can accommodate 2 beds each + excellent common area amenities. This is truly a turn-key opportunity for a new Owner who can offer move-in ready units. The Seller has beds for each room which can be part of the sale (~$60k value). Two units on the 1st floor have restrooms in the unit, all other rooms share large recently renovated communal restrooms on each floor with 3 showers and multiple stalls. Perfect for a communal living use such as mental health/rehabilitation or individual room rentals for student or market rate housing. Convenient Dinkytown location"the h

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IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Duddingston Group | Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Duddingston Group | Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Duddingston Group | Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-10-01T07:24:17.83.

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1000 5th Street SE Minneapolis, MN 55414

  • Price: $3,950,000
  • Status: Active
  • On Site: 192 Days
  • Updated: 45 min ago
  • ID#: 6345745
0
Beds
0
Baths
0
½ Baths
0.44
Acres
14,592
SQFT
$271
$/SQFT
1952
Built
Neighborhood:
Saint Anthony Falls
County:
Hennepin
Area:
Marcy Holmes
School District:
1 - Minneapolis
Property Description
We are pleased to offer a recently developed 26 room, 56-60 bed capacity Multifamily and Special Use building For Sale at the University of Minnesota. Excellent like-new condition inside and out with huge renovations & improvements in 2018 including all new systems and an entire 3rd level added. This property has a communal living setup with 1 bedroom units which can accommodate 2 beds each + excellent common area amenities. This is truly a turn-key opportunity for a new Owner who can offer move-in ready units. The Seller has beds for each room which can be part of the sale (~$60k value). Two units on the 1st floor have restrooms in the unit, all other rooms share large recently renovated communal restrooms on each floor with 3 showers and multiple stalls. Perfect for a communal living use such as mental health/rehabilitation or individual room rentals for student or market rate housing. Convenient Dinkytown location"the h
Exterior Features

Construction Materials Brick/Stone Foundation Area 14592 Lot Features Corner Lot Lot Size Dimensions 165X115 Parking Features DetachedPavedOpen Parking Open 19

Interior Features

Basement Full Cooling Window Unit(S) Heating BoilerForced Air

Property Features

Accessibility Features None Additional Parcels YN No Assessment Pending Unknown Contingency None Current Use CommercialResidential Foreclosure Status No Fractional Ownership YN No Fuel Natural Gas Inclusions BuildingLand Land Lease YN No Lender Owned No Postal City Minneapolis Potential Short Sale No Rental License Type Standard Rental License YN Yes Sewer City Sewer/Connected Tax Annual Amount 24651 Tax With Assessments 24651.0000 Tax Year 2023 Utilities Electric CommonHeating CommonHot Water Common Water Source City Water/Connected Zoning Description Business/CommercialResidential-Multi-Family

NorthstarMLS] logo © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Results: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2023 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than The Duddingston Group | Keller Williams Premier Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. The Duddingston Group | Keller Williams Premier Realty is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of The Duddingston Group | Keller Williams Premier Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2023-10-01T07:24:17.83.

Click here for Digital Millennium Copyright Act
 
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The Duddingston Group | Keller Williams Premier Realty
264 West Seventh Street
Saint Paul MN, 55102
NorthstarMLS] logo Listing courtesy of Re/Max Results.