Back to search
3643 Penn Avenue N Minneapolis, MN $ 1,343,000
Share Save
$ 1,343,000 Get more info
3643 Penn Avenue N
$ 1,343,000
Back to search
Share Save

3643 Penn Avenue N

Minneapolis, MN, 55412
$ 1,343,000
Baths0.0 Sq 12,533

Monthly Estimate*

$ 9,381

3643 Penn Avenue N, Minneapolis, MN 55412 - Image 1
3643 Penn Avenue N, Minneapolis, MN 55412 - Image 2
3643 Penn Avenue N, Minneapolis, MN 55412 - Image 3
3643 Penn Avenue N, Minneapolis, MN 55412 - Image 4
3643 Penn Avenue N, Minneapolis, MN 55412 - Image 5
Studio

Commercial Property for sale in Minneapolis, MN

for $1,343,000. This 12,533 square foot building was built in 1970 on a lot size of 0.37.

3643 Penn Ave N is a stately brick 17-unit building with potential opportunity for an 18th, unit. Built in 1970 with off-street parking and a large lot adjacent to the build. Front and back entries have double glass security doors and ceramic tile floors. High efficiency boiler installed in 2017, 3 hot water heaters, electrical upgrades roof is new in 2012. Excellent opportunity.

See more
Commercial Active

Price

$ 1,343,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,598

Style

Apartment

Lot Size

0.37

Year Built

1970

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6467927
Features
General
Sewer City Sewer/Connected
Heating Boiler Hot Water
Utilities Electric Separate Heating Common Hot Water Common
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1970
Property SubType Apartment
Tax Year 2023
Current Use Residential
Gross Income 0
Accessibility None
County Hennepin
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale
Contingency None
Subdivision Name Oak Wood Add
Directions I-94 West to Dowling Ave N. Left on Dowling Left on Penn Ave.
City Minneapolis
Buyer Agent Compensation 1.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 17
Street Name Penn
Land Lease Y/N N
Tax Annual Amount 21598
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 84
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
See more
Exterior
Parking Features Open
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Inventory Land Leases
Lot Size Area 0.37
Building Area Total 12533
Lot Dimensions 128x127
Lot Size Units Acres
Foundation Area 4203
See more
Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
See more
Internal Only
Street Number 1 3643
See more
* Excluded Features
List By
Re/Max Results

Broker

todd.fairbanks@results.net

Email

Affordability Calculator

$11,181
Per Month
84%
16%
0%
Monthly Principal & Interest
$9,381
Monthly Property Taxes
$1,800
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/21/2024$1,343,000 -6.51% Price Down
12/28/2023$1,436,500 Listed Price

Map

More homes like this one

homes for you

See all
See all

3643 Penn Avenue N, Minneapolis, MN, 55412 is a Commercial Property for sale at $1,343,000 with 12,533 sqft and a lot size of 0.37. 3643 Penn Avenue N is a studio with 0.0 baths and was built in 1970. The property's zip code is 55412 which is in Minneapolis, MN

Get more info