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Property Description
We are pleased to offer a one-of-a-kind, high demand, & stable 66-Unit multifamily asset at the University of Minnesota. This offering also serves as an excellent student housing redevelopment site now or in the future. This rare investment opportunity has been under the same family ownership for 24 years and is finally offered for sale. These two buildings totaling 66 units have brand new large student housing construction developments on both sides of the buildings with the U of M practice football field across the street. Excellent convenient Dinkytown location - the heart of the U of M! Once you take a look at this location , it speaks for itself. You will also see the U of M is in the midst of a major student housing transformation at this time with state of the art housing facilities being built across the campus. Here's your chance to be part of this historic change on a Big 10 campus.
Property Features
Property Type: Commercial - Business
Basement: Yes
Cooling: Window Unit(s)
Fuel Type: Electric, Natural Gas
Heating: Boiler, Hot Water
Lot Size: 0.42 Acres
Taxes: $93,215
Year Built: 1936
Feature Descriptions
Basement: Full
Current Use: Commercial, Residential
Days on Site: 225
Exterior: Brick/Stone, Stucco
Foundation Size: 7564
Lot: Corner Lot
Lot Dimensions: 330x110
Owners Expense: Fuel, Insurance, Taxes, Water
Parcel#: 2402924410020
Parking: Paved, Open
Sale Includes: Building, Land, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Cable TV, Electricity
Units: 66
Utilities: Electric Common, Heating Common, Hot Water Separate
Water: City Water/Connected
Local Schools
School District: Minneapolis
Listed By / Shown By
Listed By
Agency Name: RE/MAX Results
Agency Phone: 651-251-4800
Shown By
Agency Title: Counselor Realty
Agency Phone:
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727 15th Avenue Se | MLS# 6224842
This commercial property located at 727 15th Avenue Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $6,500,000. 15th Avenue Se is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealty.com today.