1000 5th Street Se, Minneapolis, MN

$3,950,000

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0.44

Acres

About 1000 5th Street Se

We are pleased to offer a recently developed 26 room, 56-60 bed capacity Multifamily and Special Use building For Sale at the University of Minnesota. Excellent like-new condition inside and out with huge renovations & improvements in 2018 including all new systems and an entire 3rd level added. This property has a communal living setup with 1 bedroom units which can accommodate 2 beds each + excellent common area amenities. This is truly a turn-key opportunity for a new Owner who can offer move-in ready units. The Seller has beds for each room which can be part of the sale (~$60k value). Two units on the 1st floor have restrooms in the unit, all other rooms share large recently renovated communal restrooms on each floor with 3 showers and multiple stalls. Perfect for a communal living use such as mental health/rehabilitation or individual room rentals for student or market rate housing. Convenient Dinkytown location–the h

Features of 1000 5th Street Se

MLS® # 6345745
Price $3,950,000
Bathrooms 0.00
Acres 0.44
Year Built 1952
Type Commercial Sale
Status Active

Community Information

Address 1000 5th Street Se
Area Marcy Holmes
Subdivision Saint Anthony Falls
City Minneapolis
County Hennepin
State MN
Zip Code 55414

Amenities

Garages Detached, Paved, Open
Is Waterfront No
Has Pool No

Interior

Heating Boiler, Forced Air
Cooling Window Unit(s)
Fireplace No

Exterior

Lot Description Corner Lot
Construction Brick/Stone

School Information

District Minneapolis

Additional Information

Days on Market 195
Zoning Business/Commercial,Residential-Multi-Family
Foreclosure No
Short Sale No

Listing Details

OfficeRE/MAX Results

Listing Map

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