504 University AVE SE, Minneapolis, MN 55414 - MLS#6804285

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$499,500

Est. payment - /mo

9 Beds

3 Baths

5,172 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,172 sqft

Price per Sqft $96

Subdivision Saint Anthony Falls

MLS Listing ID 6804285

Style (MF) Duplex Up and Down

Bedrooms 9

Year Built 1903

Annual Tax Amount $9,869

Acres 0.18

Lot Dimensions 76x100

Property Description

First time on the market in a quarter century! An incredible opportunity to purchase and develop this historic property in the heart of the thriving Marcy Holmes neighborhood. A huge historic duplex with an attic and lower level ready to add additional finished sq ft or potentially expand the existing building into the vacant side lot. Building is situated on an oversized corner lot zoned RM1 with a single PID#. New roof and exterior paint within the past 2 years. Property is also a candidate to develop a much larger structure. Property is winterized and commercial financing or cash is most likely required. As is addendum required.

Location

State MN

County Hennepin

Community Saint Anthony Falls

Zoning Residential-Multi-Family

Direction University Ave to property

Rooms

Basement Full

Interior

Heating Hot Water

Flooring 7840.8

Laundry In Basement

Exterior

Parking Features Parking Lot

Roof Type Age 8 Years or Less,Asphalt Shingles,Pitched

Accessibility None

Porch Front Porch, Porch

Building

Lot Description Corner Lot, Public Transit (w/in 6 blks), Tree Coverage - Light

Foundation Stone

Water City Water/Connected

Architectural Style (MF) Duplex Up and Down

Others

Senior Community No

Tax ID 2302924410017

Acceptable Financing Cash, Conventional Rehab, Other, Trade

Listing Terms Cash, Conventional Rehab, Other, Trade

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Listed by Grand Realty, LLC

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