1313 Como Avenue SE Minneapolis, MN 55414 MLS# 6470549 Status: Closed 20 beds | 13 baths
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Property Description All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed without any issues. Additional investment opportunities available.
Details
Maps
Contract Information
Digitally Altered Photos: No
Status: Closed
Off Market Date: 2024-05-16
Current Price: 1850000
Closed Date: 2024-05-16
Sales Close Price: 1850000
Contingency: None
ListPrice: 2200000
List Date: 2023-12-20
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 20
Baths Total: 13
Foundation Size: 4114
For Sale or Lease: For Sale
Acres: 0.36
Lot Dimensions: 132x121
Location Tax and Other Information
House Number: 1313
Street Name: Como
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Condo 0247 1313 Como Ave Se Condo
Assessments
Tax With Assessments: 2037
Building Information
Building Finished SqFt: 8828
Income and Expenses
Annual Electric Expense: 1765
Annual Fuel Expense: 660
Annual Gross Expenses: 54878
Annual Gross Income: 204771
Annual Insurance Expense: 3910
Annual Maintenance Expense: 7678
Annual Net Income: 149892
Annual Trash Expense: 2017
Annual Water/Sewer Expense: 7820
Total Annual Expenses: 54878
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 24
Township#: 29
Sale Options
Sale Includes: Building, Land
Unit 1
Unit Number: 1
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Level: Main Level
No. of 1 Bedroom Units: 2
Unit 10
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 10
Unit 11
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 1
Unit Number: 11
Unit 12
Three-Quarter Baths: 1
Total Bathrooms: 1
Unit Number: 12
Unit 13
Three-Quarter Baths: 1
Total Bathrooms: 1
Unit Number: 13
Unit 2
No. of 2 Bedroom Units: 9
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 2
Unit 3
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 3
Unit 4
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 4
Unit 5
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 5
Unit 6
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 6
Unit 7
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 7
Unit 8
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 8
Unit 9
Three-Quarter Baths: 1
Total Bathrooms: 1
Total Bedrooms: 2
Unit Number: 9
Unit Details
Total Units: 13
Unit Information
No. of Efficiency Units: 2
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Conventional
Fuel: Natural Gas
Heating: Boiler
Loan Terms: Cash; Conventional; Other
On Site Utilities: Electric Separate; Heating Common; Hot Water Common