515 5th Street, Minneapolis, Minnesota, 55414
$1,600,000
Condo/ Townhome/ Apartment
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.
Street Address: 515 5th Street
City: Minneapolis
State: Minnesota
Postal Code: 55414
County: Hennepin
MLS Number: 6476128
Year Built: 1960
Courtesy of Keller Williams Integrity Realty
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