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Listed price in listed location currency (USD).
$710,000
$775,000

000

MLS® 6639533

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $11,453
Approx. Age 1929
MLS® Number 6639533

Property Address: 2201 5th Ave S, Minneapolis, MN, 55404-3600

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number6639533
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1929
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rental License

Similar Listings

Price History

Dec 26, 2024End Date
$710,000Sold Price

Sold

Dec 12, 2024List Date
$775,000List Price
  • Commute

Commute

Starting Address
Destination Address
2201 5 Th Ave S, Minneapolis, MN

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