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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.

Overview

Property Status
Sold
Lot Size
7,405.2 Sq.Ft.
MLS ID
6653574
Property Type
Commercial
Year Built
1911

Features & Amenities

Neighborhood
Minneapolis
Stories
2
Garage Spaces
4.0
Water Source
City Water/Connected
Utilites
Electric Separate, Heating Separate, Hot Water Separate
Roof
Flat, Pitched, Tar/Gravel
Lot Features
Public Transit (w/in 6 blks), Corner Lot
Parking
Detached, Concrete, Other
Heat Type
Forced Air
Air Conditioning
Central Air
Sewer
City Sewer/Connected
Disability Features
None
School District
Minneapolis
Sales Price
$455,000
Real Estate Tax
$6,688/yr

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2221 15th Avenue S

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2221 15th Avenue S
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  • Large unfinished space in the basement could be added as FSF to the commercial space or be turned into another unit.

    Marti Estey

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2221 15th Avenue S

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