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Listed price in listed location currency (USD).
$950,000
$1,050,000

000

MLS® 6553258

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $21,739
Approx. Age 1927
MLS® Number 6553258

Property Address: 3125 Colfax Ave S, Minneapolis, MN, 55408-2871

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

Description

10-Unit classic brownstone apartment building built in 1927. Nine 1-bedroom units and 1 studio. Rents are currently below market. 1-bedroom units are approximately 700 sf and the studio is approximately 500 sf. Property is in very good condition with lots of classic character. Updates include a new roof in 2020, new boiler in 2006, 3 hot water heaters, one is new and updated electrical. Location is key with this property in the South Uptown neighborhood about one and half blocks south of West Lake Street and 10 blocks east of Bde Maka Ska. Walk to Uptown! Income opportunity: increase laundry load cost from $1.00 to $1.75, charge for off-street parking and storage locker rental.
MLS® Number6553258
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1927
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

Price History

Aug 27, 2024End Date
$950,000Sold Price

Sold

Jun 13, 2024List Date
$1,050,000List Price
  • Commute

Commute

Starting Address
Destination Address
3125 Colfax Ave S, Minneapolis, MN

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