$1,850,000
MLS# 6470549
Status: Closed
20 beds | 13 baths
1 / 12
Property Description
All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed without any issues. Additional investment opportunities available.
Details
Contract Information
Digitally Altered Photos: No
Owner is an Agent?: No
Auction?: No
Status: Closed
Off Market Date: 2024-05-16
Current Price: $1,850,000
Closed Date: 2024-05-16
Sales Close Price: 1850000
Contingency: None
ListPrice: 2200000
List Date: 2023-12-20
Office/Member Info
Association: SPAAR
MLSID: RMLS
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 0
Owner Occupied: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 132x121
Acres: 0.36
Foundation Size: 4114
Garage Stalls: 0
For Sale or Lease: For Sale
Bedrooms: 20
Baths Total: 13
Location, Tax and Other Information
Map Page: 107
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2349
Property ID Number: 2402924120172
Tax Year: 2022
Tax Amount: 24090
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed without any issues. Additional investment opportunities available.
Directions: Como to Van Cleve to 1313
Accessible
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 2037
Building Information
Building Finished SqFt: 8828
Construction Status
Previously Owned: 1
Exterior
Brick/Stone: 1
Financing Terms
Conventional: 1
Fuel
Natural Gas: 1
Heating
Boiler: 1
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
None: 1
Public Survey Info
Range#: 24
Section#: 24
Township#: 29
Sale Options
Sale Includes: Building, Land
Sewer
City Sewer/Connected: 1
Unit 1
Level: Main Level
Unit Number: 1
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
No. of 1 Bedroom Units: 2
Unit Details
Total Units: 13
Water
City Water/Connected: 1
Income and Expenses
Annual Electric Expense: 1765
Annual Fuel Expense: 660
Annual Gross Expenses: 54878
Annual Gross Income: 204771
Annual Insurance Expense: 3910
Annual Maintenance Expense: 7678
Annual Net Income: 149892
Annual Trash Expense: 2017
Annual Water/Sewer Expense: 7820
Total Annual Expenses: 54878
Unit 2
No. of 2 Bedroom Units: 9
Unit Number: 2
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit 3
Unit Number: 3
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit 4
Unit Number: 4
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit 5
Unit Number: 5
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit 6
Unit Number: 6
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit 7
Unit Number: 7
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
On Site Utilities
Electric Separate: 1
Heating Common: 1
Hot Water Common: 1
CMU Style
Apartments/Multi Family: 1
Current Use
Residential: 1
Loan Terms
Cash: 1
Conventional: 1
Other: 1
Unit 10
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 10
Unit 11
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 11
Unit 12
Three-Quarter Baths: 1
Total Bathrooms: 1
Unit Number: 12
Unit 13
Three-Quarter Baths: 1
Total Bathrooms: 1
Unit Number: 13
Unit 8
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 8
Unit 9
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 9
Unit Information
No. of Efficiency Units: 2
Location Tax and Other Information
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Condo 0247 1313 Como Ave Se Condo
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional; Other
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Parking Characteristics: None
Sewer: City Sewer/Connected
Water: City Water/Connected
Listing Office: Keller Williams Premier Realty
Last Updated: June - 08 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.