For Sale: Minneapolis MLS# 6620280
Active
$3,100,000
Commercial: Apartments
Built 1934
0.14 acres
Minneapolis schools
MLS# 6620280
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Property Description
2 luxurious apartments buildings, located on one lot directly overlooking Lake Harriet. One building is a beautiful 4-plex Victorian building and the other is a modern triplex (Built in 2021) at 4326 Harriet Parkway S. 4plex located at 4324 Harriet Parkway features a nice mix of beautiful woodwork and modern amenities such as in unit laundry and dishwashers. The building located at 4326 Harriet Parkway is a Modern built triplex with a sleak design and all apartments have an open layout with kitchen and Living room flowing together. The lot overlooks Lake Harriet and the walking/biking trails surrounding the lake and is within walking distance to the shops and restaurants of Linden Hills. Exterior of both buildings are in great shape and the 4324 building has a newer roof and boiler!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$3,100,000
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
5
County:
Hennepin
Year Built:
1934
State:
MN
Property Style:
Apartments
Zip Code:
55410
Neighborhood/Area:
Linden Hills
Subdivision Name:
Hoyts Crestmont Add
Interior
Ceiling Height:
11-15
Ranges:
Six or More
Refrigerators:
Six or More
Appliances Included:
- Dishwasher
- Dryer
- Range
- Refrigerator
- Washer
Exterior
Stories:
Three Or More
Garage Spaces:
5
Garage Dimensions:
60x20
Garage Size:
1,200 ft2
Garage Door Height:
8
Garage Door Width:
8
Other Parking Spaces:
0
Air Conditioning:
Central Air
Foundation Size:
3,500 ft2
Handicap Accessible:
None
Heating System:
- Boiler
- Forced Air
Parking Features:
Tuckunder Garage
Unit Amenities:
- Balcony
- Hardwood Floors
- Natural Woodwork
- Porch
- Washer/Dryer Hookup
Exterior Material:
- Fiber Board
- Stucco
- Wood Siding
Roof Details:
Asphalt
Lot & Land
Acres:
0.14
Geolocation:
44.924029, -93.311636
Inclusions:
Building, Land, Leases, Rental License
Lot Dimensions:
150 x 43
Zoning:
Residential-Multi-Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Schools
School District:
1
District Phone:
612-668-0000
Expenses
Annual Caretaker Expense:
$4,377
Annual Fuel Expense:
$1,654
Annual Insurance Expense:
$6,142
Annual Gross Expense:
$58,632
Annual Water/Sewer Expense:
$1,500
Tenant Expenses:
Electricity, Parking Fee
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$25,462
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$25,462
Income
Annual Gross Income:
$208,461
Rent
Annual Net Income:
$149,829
Units
Total Units:
7
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
Electric Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
651-253-2144
Jason & Kim Stone
Branch Manager & Co-Branch Manager
Fairway Mortgage NMLS#1018649
Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.
Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
It would be our pleasure to assist you with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.