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727 15th Avenue SE

Minneapolis, MN 55414
  • $6,500,000
  • STATUS: Active
  • ON SITE: 165 Days
  • ID#: 6224842
UPDATED: 30 min ago
$6,500,000
  • 0
    BEDS
  • 0.42
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,596
    SQFT
  • $254
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1936
County:
Area:

School Ratings & Info

School District:
NorthstarMLS] logo Listing courtesy of Re/Max Results.

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.

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IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-06T12:21:43.83.

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727 15th Avenue SE Minneapolis, MN 55414

  • Price: $6,500,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 30 min ago
  • ID#: 6224842
0
Beds
0
Baths
0
½ Baths
0.42
Acres
25,596
SQFT
$254
$/SQFT
1936
Built
Neighborhood:
University Add
County:
Hennepin
Area:
Marcy Holmes
School District:
1 - Minneapolis
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.
Exterior Features

Construction Materials Brick/StoneStucco Foundation Area 7564 Foundation Dimensions 0 Lot Features Corner Lot Lot Size Dimensions 330X110 Parking Features PavedOpen Parking Open 15

Interior Features

Amenities Unit City View Basement Full Cooling Window Unit(S) Heating BoilerHot Water

Property Features

Accessibility Features None Additional Parcels YN Yes Assessment Pending Unknown Association Amenities Coin-Op Laundry Owned Contingency None Current Use CommercialResidential Foreclosure Status No Fuel ElectricNatural Gas Inclusions BuildingLandLeases Land Lease Amount 0 Lease Amount Type Yearly Lender Owned No Owner Pays FuelInsuranceTaxesWater Postal City Minneapolis Potential Short Sale No Rental License Type Standard Rental License YN Yes Sewer City Sewer/Connected Tax Annual Amount 93215 Tax With Assessments 93271.0800 Tax Year 2022 Tenant Pays Cable TvElectricity Utilities Electric CommonHeating CommonHot Water Separate Water Source City Water/Connected Zoning Description Residential-Multi-Family

NorthstarMLS] logo © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
Listing courtesy of Re/Max Results: . This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items.


IDX data © 2022 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Holz Group | Keller Williams Select are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Holz Group | Keller Williams Select is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Holz Group | Keller Williams Select, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed. By viewing the listings on this site, you are agreeing to abide by the RMLS End-User License Agreement. Data last updated 2022-12-06T12:21:43.83.

Click here for Digital Millennium Copyright Act
 
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Holz Group | Keller Williams Select
5818 Blackshire Path
Saint Paul MN, 55076
NorthstarMLS] logo Listing courtesy of Re/Max Results.