925 6th Street SE, & 617 10th Ave SE Minneapolis, MN 55414 MLS# 6487735 Status: Closed
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Property Description Perfectly situated on the UofM Campus, making it the PERFECT location for students. This fantastic investment opportunity boasts two large rental properties on one lot. 925 6th St SE is the TKE fraternity house with 11 bedrooms, 5 bathrooms, multiple common areas and 7 off street parking spots.
617 10th Ave SE is an 8 unit apartment building with 7 indoor garage stalls and indoor bike rack. Apartments include in-unit washer/dryer, dishwasher, stainless steel appliances and high end finishes.
The third structure is the Carriage house, currently used for storage.
925 6th will have all rooms available at fist showing. 617 10th will have two units available at first showing and more can be shown at future showings. All units are occupied with good standing leases in place.
Detailed financials are available upon request.
Details
Maps
Contract Information
Status: Closed
Off Market Date: 2024-09-13
Current Price: 2750000
Closed Date: 2024-10-31
Sales Close Price: 2750000
Contingency: None
ListPrice: 2999900
List Date: 2024-02-09
Owner is an Agent?: No
Auction?: No
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 10
Year Built: 1903
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 2310
Garage Stalls: 10
For Sale or Lease: For Sale
Acres: 0.6
Lot Dimensions: 132x190
Location Tax and Other Information
House Number: 925
Street Name: 6th
Street Suffix: Street
Street Direction Suffix: SE
Unit Number: & 617 10th Ave SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Mill Cos Add To St Anthony Falls
Assessments
Tax With Assessments: 47898
Building Information
Building Finished SqFt: 6930
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, Fixture/Equipment, Land, Leases
Unit 1
Unit Number: 1
Leased?: No
Unit Details
Total Units: 8
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: Hot Water
On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate