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Property Description

Own of of Prospect Park's legacy properties - where the possibilities are endless! Right now the building has 3 active units, but in the past has been as many as 5 separate units. Zoned for Apartments, it would be easily possible to get a few of the kitchens back in and turn this back into a huge money making property! Incredible lot for the area, there is even increased value add down the line as this property will be key to any future development in the area. Currently the main floor and 1/2 of the upper floor make a grand apartment for an owner occupant filled with charming woodwork, hardwood floors, decorated ceilings & details thru out. 3 baths and 3BRs in this unit with a grand hall entrance. 2nd floor has a 1 bedroom apartment with continued charm and woodwork galore. The 3rd floor is a fantastic 2BR utilitarian apartment that is easy to maintain and rent to students. Basement is dry with high ceilings and could be turned into another living space if desired. Right now there is a recently updated bath, wine cellar and storage lockers for the tenants. 3 car garage and large yard. Stunning wrap around porch. Perfect for an owner occupant or could be great for an investors as well. Well maintained, but due to memory issues of the current seller, property will be sold as-is.

Overview

Property Status
For Sale
Lot Size
0.4 Acres
MLS ID
7050238
Property Type
Condo
Year Built
1888

Features & Amenities

Total Area
5,842 Sq.Ft.
Neighborhood
Minneapolis
Stories
2
Garage Spaces
3.0
Water Source
City Water/Connected
Roof
Architectural Shingle
Lot Features
Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
Parking
Detached Garage
Heat Type
Hot Water
Laundry Room
In Basement, In Unit
Sewer
City Sewer - In Street
Disability Features
None
School District
Minneapolis
Sales Price
$589,900
Real Estate Tax
$10,090/yr

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21 Malcolm Avenue SE

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for your interest in 21 Malcolm Avenue SE, Minneapolis, MN 55414

21 Malcolm Avenue SE
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21 Malcolm Avenue SE

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