MN > Minneapolis > Mill Cos Add To St Anthony Falls
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
Minneapolis, MN 55414,707 SE 5th ST SE
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Meta Realty

Meta Realty

Meta Realty

+1(952) 243-0037
$1,196,000
Est. payment /mo
0.25 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Mill Cos Add To St Anthony Falls

MLS Listing ID 6735952

Year Built 1924

Annual Tax Amount $21,702

Tax Year 2025

Contingent None

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 66.00 X 165.00

Property Description

707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters. Property Manager lives on site.

Location

State MN

County Hennepin

Zoning Residential-Multi-Family

Rooms

Family Room Other

Interior

Heating Boiler

Cooling Window Unit(s)

Flooring Carpet, Wood

Inclusions Building, Leases, Rental License

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Parking Lot

Garage Spaces 6.0

Fence None

Utilities Available Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years,Rubber

Present Use Residential

Building

Lot Description Tree Coverage - Medium

Story Two

Foundation 3814

Sewer City Sewer - In Street

Water City Water - In Street

Level or Stories Two

Structure Type Brick,Frame

New Construction false

Schools

School District Minneapolis

Read Less Info
Listed by Jerry Lindeen • Metro Group Real Estate

Questions about this property?

Meta Realty
Meta Realty

Brokerage | License ID: 40908061

+1(952) 243-0037 | info@metarealtymn.com

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707 SE 5th ST SE

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