3625 Aldrich Avenue S, Minneapolis, MN 55409 (MLS# 6306824)
$1,395,000
Minneapolis, MN 55409
MLS# 6306824
Status: Closed
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Property Description
All brick 11-unit apartment building located in prime SW Mpls/Uptown rental location. Just steps to the lake, parks, bus line, restaurants...Consists of (6) 2 bedroom units and (5) 1 bedroom units. All leases are month to month. Low maintenance exterior, wrapped soffits, newer vinyl windows. Extra wide double lot with approximately 10 off street parking spaces. Per city permits, roof 2010.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2022-12-21
Current Price: 1290000
Closed Date: 2023-02-28
Sales Close Price: 1290000
Contingency: None
ListPrice: 1395000
List Date: 2022-11-07
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Owner Occupied: No
Year Built: 1968
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 3037
For Sale or Lease: For Sale
Acres: 0.23
Lot Dimensions: 84x119
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 3625
Street Name: Aldrich
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55409
Complex/Dev/Subdivision: Remingtons 2nd Add
Assessments
Assessment Balance: 477
Tax With Assessments: 23888
Building Information
Building Finished SqFt: 9066
Building SqFt: 9066
Income and Expenses
Annual Electric Expense: 577
Annual Fuel Expense: 3440
Annual Insurance Expense: 6743
Annual Trash Expense: 3211
Annual Water/Sewer Expense: 4863
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 24
Section#: 04
Township#: 28
Sale Options
Sale Includes: Building, Land
Unit 1
No. of 1 Bedroom Units: 5
Unit 2
No. of 2 Bedroom Units: 6
Unit Details
Total Units: 11
Property Features
Accessible: None
Air Conditioning: Wall Unit(s)
Amenities Shared: Coin-op Laundry Owned
Appliances: Range; Refrigerator
Basement: Concrete Block; Egress Windows; Full; Partially Finished; Shared Access; Storage Space
CMU Style: Apartments/Multi Family
Construction Status: Previously Owned
Current Use: Residential
Exterior: Brick/Stone
Financing Terms: Other
Fuel: Natural Gas
Heating: Boiler; Hot Water
Loan Terms: Cash; Conventional
Lot Description: Public Transit (w/in 6 blks)
On Site Utilities: Electric Separate; Heating Common; Hot Water Common
Owner Pays: Fuel; Insurance; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics: Paved Lot; Uncovered/Open
Pool Description: None
Rental License Type: Standard
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights
Roof: Flat
Sewer: City Sewer/Connected
Stories: Two
Tenant Pays: Electricity
Water: City Water/Connected
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: August - 08 - 2025
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