707 5th Street, Minneapolis, 55414, MN
Price: $1,449,900
Status type: For Sale
City: Minneapolis
Neighborhood: Marcy Holmes
Bedrooms: 0
Property Size :0
Listing Agent: NST21523,NST100651
Property type : Apartment
Zip code: 55414
Street: 707 5th Street
Street: 707 5th Street
Bathrooms: N/A
Year: 1924
Listing Brokerage: Metro Group Real Estate
707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis. The building consists of nine 1-bedroom units and four studio units. Strong rental history with an opportunity to increase rents. Property has a 6-stall garage for added income. Currently only charging $45 per month. On-site laundry currently is not being charged. Storage units are in the basement and are currently included in the rent. Two more potential income sources. Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals. Over 80% of the neighborhood is renters.
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
Basement Details: ,
Appliances Included:
Air Conditioning: Window Unit(s)
Garage Spaces: 6
Construction Materials: N/A
Foundation Size: 3814ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 66.00 X 165.00
Longitude: 44.9855
Latitude: -93.244
Zoning: Residential-Multi-Family
Tax year: 2025
Tax annual amount: $21,702
Fuel System: N/A
Sewer System: City Sewer - In Street
Water System: City Water - In Street
MLS#: NST7756472
Listing Brokerage: Metro Group Real Estate