Minneapolis, MN 55414,1000 5th ST SE
Minneapolis, MN 55414,1000 5th ST SE
Minneapolis, MN 55414,1000 5th ST SE
24
$2,700,000
$2,700,000
Est.Price: ?

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19,166 SqFt

1000 5th ST SE Minneapolis, MN 55414

Est. payment /mo
SOLD DATE : 09/27/2024

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Key Details

Sold Price $2,700,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 19,166 sqft

Price per Sqft $140

Subdivision Saint Anthony Falls

MLS Listing ID 6610616

Sold Date 09/27/24

Year Built 1952

Annual Tax Amount $24,651

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 165x115

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.

Location

State MN

County Hennepin

Community Saint Anthony Falls

Direction Corner of 5th SE & 10th Ave SE near the University of Minnesota

Interior

Heating Boiler, Forced Air

Cooling Window

Exterior

Parking Features Detached Garage, Paved Lot, Uncovered/Open

Utilities Available Electric Common, Heating Common, Hot Water Common

Accessibility None

Building

Lot Description Corner Lot

Water City Water/Connected

Others

Senior Community No

Tax ID 2402924310034

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Listed by RE/MAX Results

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agent

Joseph Haj

Agent | License ID: ND: 10096, MN: 40616291

+1(218) 688-0802

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