504 University Avenue SE
Minneapolis, MN 55414
5172 sqft | #6644963
Description
First time on the market in a quarter century! An incredible opportunity to purchase and develop this historic property in the heart of the thriving Marcy Holmes neighborhood. A huge historic duplex with an attic and lower level ready to add additional finished sq ft or potentially expand the existing building into the vacant side lot. Building is situated on an oversized corner lot zoned RM1 with a single PID#. New roof and exterior paint within the past 2 years. Property is also a candidate to develop a much larger structure. Property is winterized and commercial financing or cash is most likely required. As is addendum required.
Property Details
- Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
- Lot DescriptionPublic Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
- RoofAge 8 Years or Less, Asphalt, Pitched
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- SubdivisionSaint Anthony Falls
- Property SubtypeDuplex Up and Down
- Parcel Number2302924410017
- Property TypeMulti-Family
- Parking FeaturesParking Lot
- School DistrictMinneapolis
- HeatingHot Water
- CountyHennepin
- MLS #6644963
- MLS #6644963
- Taxes Annual$9,149
- Cost700000
- Square Feet5172
- Basement DescriptionFull
- Year Built1903
- Days on Market (Cumulative)29
- Basement1
Location
Legal
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Daniel Fowlds (#NST506091245)
Listing Office: Grand Realty, LLC (#NST10327)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.