2221 15th AVE S Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55404
Key Details
Sold Price $455,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Eliots Add
MLS Listing ID 6653574
Sold Date
Year Built 1911
Annual Tax Amount $6,688
Tax Year 2024
Contingent None
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 56x134
Property Description
Unique opportunity to own nearly 1/4 city block in MPLS! Mixed-use building - currently 2 units on main floor rented by the same long term tenant $2500/month - steady & reliable income. They would prefer to stay. 2 Residential apartments above - 1BR apartment on north side is month to month - $750 (under market). Very large & unique studio apartment is owner occupied with 12 foot ceilings & large roof top deck shared with the other one bedroom apartment - could easily rent for $1250-1500 & could be a 2-3 BR with some additional framing. Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit. 4 car+ garage is currently used by the owners, but has been rented to neighbors/tenants in the past for additional income. Close date is flexible.
Location
State MN
County Hennepin
Zoning Business/Commercial,Residential-Multi-Family
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Exterior
Parking Features Detached,Concrete,Other
Garage Spaces 4.0
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Roof Type Flat,Pitched,Tar/Gravel
Present Use Commercial,Residential
Building
Lot Description Public Transit (w/in 6 blks),Corner Lot
Story Two
Foundation 3103
Sewer City Sewer/Connected
Water City Water/Connected
Level or Stories Two
Structure Type Brick/Stone
Schools
School District Minneapolis