1313 Como Avenue SE, Minneapolis, MN 55414

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Year Built: 1972
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4114
For Sale or Lease: For Sale
Acres: 0.36
Lot Dimensions: 132x121
Other Parking Spaces: 0
Garage Stalls: 0

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: Boiler Loan Terms: Cash; Conventional; Other On Site Utilities: Electric Separate; Heating Common; Hot Water Common Parking Characteristics: None Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-05-16
Closed Date: 2024-05-16
Sales Close Price: 1850000
Contingency: None
ListPrice: 2200000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 1313
Street Name: Como
Street Suffix: Avenue
Street Direction Suffix: SE
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55414
Complex/Dev/Subdivision: Condo 0247 1313 Como Ave Se Condo

Assessments

Tax With Assessments: 2037
Assessment Balance: 0

Building Information

Building Finished SqFt: 8828

More Information

Income and Expenses

Annual Electric Expense: 1765
Annual Fuel Expense: 660
Annual Gross Expenses: 54878
Annual Gross Income: 204771
Annual Insurance Expense: 3910
Annual Maintenance Expense: 7678
Annual Net Income: 149892
Annual Trash Expense: 2017
Annual Water/Sewer Expense: 7820
Total Annual Expenses: 54878

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, Land

Unit 1

Unit Number: Yes
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Level: Main Level
No. of 1 Bedroom Units: 2

Unit 10

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 10

Unit 11

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: Yes
Unit Number: 11

Unit 12

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Unit Number: 12

Unit 13

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Unit Number: 13

Unit 2

No. of 2 Bedroom Units: 9
Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 2

Unit 3

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 3

Unit 4

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 4

Unit 5

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 5

Unit 6

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 6

Unit 7

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 7

Unit 8

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 8

Unit 9

Three-Quarter Baths: Yes
Total Bathrooms: Yes
Total Bedrooms: 2
Unit Number: 9

Unit Details

Total Units: 13

Unit Information

No. of Efficiency Units: 2

Office/Member Info

Association: SPAAR
MLSID: RMLS

Location, Tax and Other Information

Map Page: 107
Municipality: Minneapolis
Rental License?: No
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2349
Property ID Number: 2402924120172
Tax Year: 2022
Tax Amount: 24090
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: All units have been taken care of meticulously with many updates and ongoing preventative maintenance. Each unit has hardwood flooring and ceramic tile or porcelain tile flooring, all apartments are located just a few blocks from the University of Minnesota near Dinkytown and the U of MN East Bank Campus and SE Como and Marcy Holmes neighborhoods. Located on Metro transit routes, close to shopping and events. This is an amazing opportunity to own your own block in the heart Minneapolis. Phase I completed without any issues. Additional investment opportunities available.
Directions: Como to Van Cleve to 1313

Accessible

None: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Parking Characteristics

None: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes
Heating Common: Yes
Hot Water Common: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes

Loan Terms

Cash: Yes
Conventional: Yes
Other: Yes