2870 & 2876 & 2882 Humboldt Avenue S
Minneapolis, MN 55408

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Listing Details

$1
MLS# 7107359
Type Commercial - Business
Status Active

0.490 acres
Lot Size
1915
Year Built
Minneapolis
Local Schools

MAP LISTING SHARE

Listed By

Agency Name: RE/MAX Results
Agency Phone: 651-251-4800

Shown By

Agent Name: Bob McArthur
Agent Phone: (701) 388-0245
Agency Title: Town & Country Realty

Home Value Estimate

Description

* Sale Price: Negotiable* Rare 60 Unit (3 Building) Brownstone Multifamily Portfolio* Located on a 0.49-acre site totaling approximately 21,344 sf* Corner of Lagoon & Humboldt, across from Lunds & Byerly's, near The Lakes, and next to the Midtown Greenway Trail* Longtime family-owned asset* 95% Occupancy - Desirable unit mix: (18) studios, (41) 1 bedrooms, (1) 2 bedroom.* 3 Parcels: 2870 (33-029-24-34-0014), 2882 (33-029-24-34-0016), land parcel between the buildings (33-029-24-34-0015)* Stabilized property with true value-add upside through rent growth, unit/common area improvements and management/operational efficiencies* Perfect 1031 Tax...read more

Features

Heating: Boiler
Taxes: $130,803
Water: City Water/Connected
Year Built: 1915

Gallery

Listed By

Agency Name: RE/MAX Results
Agency Phone: 651-251-4800

Shown By

Agent Name: Bob McArthur
Agent Phone: (701) 388-0245
Agency Title: Town & Country Realty

Bob McArthur Office: (701) 239-2238 Cell: (701) 388-0245 Fax: (701) 239-2242 Email Me

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2870 & 2876 & 2882 Humboldt Avenue SMinneapolis, MN 55408