Pending
2201 5th Avenue S
Minneapolis MN, 55404
$820,000
$138.77 per sqft
Pending
5,909 sqft
Commercial
Built in 1929
Investment opportunity in Phillips West! This 10-unit building features a mix of one-bedroom and two-bedroom units, with convenient on-site parking. Recent updates include a freshly painted exterior and other exterior improvements, while 70% of the units have been renovated, offering room for further upgrades and rent growth. Located near major highways, public transportation, and popular Minneapolis destinations, this property provides strong rental demand and significant potential for income growth. Don't miss the chance to capitalize on this value-add investment opportunity.
6627650
MLSⓇ ID
November 8, 2024
Listed
November 18, 2024
Updated
Map
2201 5th Avenue S
Minneapolis MN, 55404
Interior Features
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Hot Water
Exterior/Building Features
Lot Size
6,448 Acres
Sewer
City Sewer - In Street
School Information
School District
Minneapolis
Other Property Details
Taxes
$11,453
Tax Frequency
Annually
Days on Market
67
Garage
No
Parking
Open
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/18/2024 | Pending | — |
Courtesy of Coldwell Banker Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Kathryn Kennedy Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2024 Northstar MLS. All rights reserved.
Data last updated 3:11 PM UTC, 11/18/2024
