3528 Penn Avenue N Minneapolis, MN $ 480,000
3528 Penn Avenue N
$ 480,000
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3528 Penn Avenue N

Minneapolis, MN, 55412
$ 480,000
Baths0.0 Sq 3,500

Monthly Estimate*

$ 3,353

3528 Penn Avenue N, Minneapolis, MN 55412 - Image 1
3528 Penn Avenue N, Minneapolis, MN 55412 - Image 2
3528 Penn Avenue N, Minneapolis, MN 55412 - Image 3
3528 Penn Avenue N, Minneapolis, MN 55412 - Image 4
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3528 Penn Avenue N, Minneapolis, MN 55412 - Image 8
Studio

Commercial Property for sale in Minneapolis, MN

for $480,000. This 3,500 square foot building was built in 1958 on a lot size of 0.16.

Fully Leased, all 1-bed units. Bring us an offer!

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Commercial Active

Price

$ 480,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,136

Style

Apartment

Lot Size

0.16

Year Built

1958

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6471627

Features
General
Sewer City Sewer/Connected
Heating Hot Water
Utilities Electric Separate Heating Common
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1958
Tenant Pays Cable TV Electricity
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility None
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Egberts 2nd Add
Directions From Hwy 55 go north on Theo Wirth Pkwy keep right to continue onto Lowry Ave N right on Penn Ave property will be on your right
City Minneapolis
Buyer Agent Compensation 1.50
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 6
Street Name Penn
Land Lease Y/N N
Tax Annual Amount 7136
Additional Parcels Y/N N
Days on Market 26
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features None
Water Source City Water/Connected
Inclusions Building Leases
Lot Size Area 0.16
Building Area Total 3500
Lot Dimensions 6790
Lot Size Units Acres
Foundation Area 1750
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Interior
Basement (Y/N) N
Street Suffix Avenue
Fuel Natural Gas
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Internal Only
Street Number 1 3528
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* Excluded Features
List By
Re/Max Results

Broker

sam@ts-re.com

Email

Affordability Calculator

$3,948
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,353
Monthly Property Taxes
$595
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/4/2024$480,000 Listed Price

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3528 Penn Avenue N, Minneapolis, MN, 55412 is a Commercial Property for sale at $480,000 with 3,500 sqft and a lot size of 0.16. 3528 Penn Avenue N is a studio with 0.0 baths and was built in 1958. The property's zip code is 55412 which is in Minneapolis, MN