Price Reduction
Address
1611 Glenwood Avenue # 1-4,6 Minneapolis, MN
Price
$ 799,000
Property Attributes
  • ID#6123784
  • TypeCommercial
  • CountyHENNEPIN
  • CityMinneapolis
  • AreaCondo 0318 Glenwood Villas I
  • NeighborhoodCondo 0318 Glenwood Villas I
  • Zip55405
  • StyleApartment
  • Year Built1982
  • Taxes$ 1103
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7000
  • Lot Size11,326 SqFt
Listing Provided Courtesy Of:
Twin Cities Leasing LLC
Data Source:
Northstar MLS (NSTAR) - 133 - MN
Property Description

Six townhome complex. Five townhomes for sale with one owner/occupier holdout. (Can be forced to sell through HOA you would control) Great location near downtown on developing commercial strip. Solid cash flow. Value add opportunity with ability to exit one unit at a time. All townhomes are separate PIDS.

Price History
11/3/2021 Listed $925,000
11/15/2021 14% - $799,000

General Features

Accessibility None
Additional Parcels Description 2102924340184, 2102924340185
Additional Parcels Y/N Yes
Amenities Unit Deck, Kitchen Window, Ceiling Fan(s), Other
Appliances Range, Refrigerator, Washer, Dryer, Gas Water Heater
Basement Finished
City Minneapolis
Construction Materials Vinyl Siding
Contingency Other
Cooling Central Air
County Hennepin
Current Use Residential
Days on Market 29
Directions Google it
Garage Spaces 6
Grossincome 88800
Heating Forced Air
High School District Minneapolis
Lender Owned No
Net Operating Income 53837.1
Property SubType Apartment
Property Type Commercial Sale
Sewer City Sewer/Connected
Standard Status Active
Street Name Glenwood
Subdivision Name Condo 0318 Glenwood Villas I
Tax Annual Amount 1103
Tax Year 2021
Tenant Pays Fuel, Electricity
Total Units 5
Unit Number 1-4, 6
Utilities Heating Separate, Electric Separate
Year Built 1982
Zoning Description Residential-Single Family

Interior Features

Fuel Natural Gas
Street Suffix Avenue
Unit Type Efficiencies, 1 Bedroom, 2 Bedroom, 3 Bedroom, One Room, Two Room, Three Room, Four Room, Five Room, Six Room, Seven Room

Exterior Features

Foundationarea 4500
Inclusions Building, Land
Lot Dimensions irregular
Lot Size Area 0.26
Lot Size Units Acres
Parking Features Detached
Water Source City Water/Connected
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 55405

Price
AVG $1.15M
$800K
Taxes
AVG $16,249
$1,103
Visits
AVG 3
2
Year Built
AVG 1969
1982
Walkscore
AVG 84
75
Data Provided by Walkscore ® not using MLS data

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