Home › 1716 Rollins Avenue SE, Minneapolis, MN 55414 (MLS# 6370988)

1716 Rollins Avenue SE, Minneapolis, MN 55414 (MLS# 6370988)

$1,500,000
1716 Rollins Avenue SE
Minneapolis, MN 55414
MLS# 6370988
Status: Closed
5 beds  |  2 baths
1716 Rollins Avenue SE, Minneapolis, MN 55414
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1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414 1716 Rollins Avenue SE, Minneapolis, MN 55414

Property Description
Incredible Investment Opportunity! 7 total complexes with a total of 79 units being sold as a package deal with the following PID’s: 2402924140095, 2402924140094, 2402924140096, 2402924140105, 2402924140106, 2402924140127,2402924140128 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. Contact agent for more information regarding rent rolls and other financials. This is an investors dream! Seller is willing to sell individual buildings or as a full package

Details
Maps
Contract Information
Status: Closed
Off Market Date: 2023-06-15
Current Price: 1400000
Closed Date: 2023-08-01
Sales Close Price: 1400000
Contingency: None
ListPrice: 1500000
List Date: 2023-05-12
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 2008
Yearly/Seasonal: Yearly
Zoning: Business/Commercial
Bedrooms: 5
Baths Total: 2
Foundation Size: 2000
For Sale or Lease: For Sale
Acres: 0.19
Lot Dimensions: 150x55
Location Tax and Other Information
House Number: 1716
Street Name: Rollins
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Mcmillans Sub Blks Rollins Add
Assessments
Tax With Assessments: 24134.32
Building Information
Building Finished SqFt: 6000
Income and Expenses
Annual Net Income: 86828
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 Details
Total Units: 4
Property Features
Accessible: None
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Fiber Board
Financing Terms: Cash
Fuel: Natural Gas
Heating: Forced Air
Loan Terms: Cash; Conventional; Other
On Site Utilities: Electric Separate; Heating Separate; Hot Water Common
Parking Characteristics: None
Potential Use: Income
Sewer: City Sewer/Connected
Water: City Water/Connected

Listing Office: RE/MAX Professionals

Last Updated: June - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Monday 1st of June 2026 02:16 PM

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