99 E 54th Street, Minneapolis, MN 55419 (MLS# 6241934)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 16
Owner Occupied: No
Year Built: 1960
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 4488
Garage Stalls: 2
For Sale or Lease: For Sale
Acres: 0.44
Lot Dimensions: 88x224
Assessment Pending: Unknown

Property Features

Accessible: None Air Conditioning: Wall Unit(s) Amenities Shared: Coin-op Laundry Owned Amenities Unit: Hardwood Floors Basement: Concrete Block; Egress Windows; Full; Shared Access; Storage Space CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Brick/Stone Financing Terms: Conventional Fuel: Natural Gas Heating: Baseboard; Boiler; Hot Water Loan Terms: Cash; Conventional Lot Description: Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Common; Hot Water Common Owner Pays: Fuel; Insurance; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water Parking Characteristics: Uncovered/Open Pool Description: None Rent Rate per Foot: Per Month Rental License Type: Standard Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Roof: Flat Sewer: City Sewer/Connected Stories: Two Tenant Pays: Electricity Water: City Water/Connected

Contract Information

Off Market Date: 2022-09-08
Closed Date: 2022-10-26
Sales Close Price: 1870000
Contingency: None
ListPrice: 2395000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 99
Street Direction Prefix: E
Street Name: 54th
Street Suffix: Street
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55419
Complex/Dev/Subdivision: Clarkes Nicollet Ave Sub

Assessments

Tax With Assessments: 33917
Assessment Balance: 0

Building Information

Building Finished SqFt: 13464
Building SqFt: 13464

More Information

Income and Expenses

Annual Electric Expense: 862
Annual Fuel Expense: 4448
Annual Insurance Expense: 10228
Annual Trash Expense: 4205
Annual Water/Sewer Expense: 7280

Lease Details

Land Leased: Not Applicable
Monthly Land Lease Amt: 0

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 22
Township#: 28

Sale Options

Sale Includes: Building, Land

Unit 1

No. of 1 Bedroom Units: 15

Unit 3

No. of 3 Bedroom Units: Yes

Unit Details

Total Units: 17

Unit Information

No. of Efficiency Units: Yes

Office/Member Info

Association: MAAR
MLSID: RMLS

Location, Tax and Other Information

Legal Description: LOT 004 CLARKES NICOLLET AVE SUBD
Listing City: Minneapolis
Map Page: 120
Municipality: Minneapolis
Rental License?: Yes
School District: Minneapolis
School District Phone: 612-668-0000
Map Coordinate Source: RETS
Zip Plus 4: 1017
Property ID Number: 2202824120023
Tax Year: 2022
Tax Amount: 33917
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: All brick 17-unit building conveniently located close to shopping, restaurants, bus line and easy freeway access. Consists of (15) 1 bedroom units, (1) 3 bedroom unit, and (1) efficiency unit. Some units have oak hardwood floors. Units have wall air-conditioners. Inbuilding laundry with coin-operated machines owned by seller. Large lot with aproximately 16 off street parking spaces. Detached two car garage - great for storage. New boiler 2022. Per city permits, roof 2009.
Directions: Diamond Lake Road to Nicollet Ave, north to 54th Street, east to property.

Accessible

None: Yes

Air Conditioning

Wall Unit(s): Yes

Amenities Shared

Coin-op Laundry Owned: Yes

Amenities Unit

Hardwood Floors: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Shared Access: Yes
Storage Space: Yes

Construction Status

Previously Owned: Yes

Exterior

Brick/Stone: Yes

Financing Terms

Conventional: Yes

Fuel

Natural Gas: Yes

Heating

Baseboard: Yes
Boiler: Yes
Hot Water: Yes

Lot Description

Public Transit (w/in 6 blks): Yes

Owner Pays

Fuel: Yes
Insurance: Yes
Lawn: Yes
Maintenance/Repair: Yes
Snow Removal: Yes
Taxes: Yes
Trash Collection: Yes
Water: Yes

Parking Characteristics

Uncovered/Open: Yes

Pool Description

None: Yes

Rental License Type

Standard: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Flat: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

No. of Ranges

One Per Unit: Yes

No. of Refrigerators

One Per Unit: Yes

Tenant Pays

Electricity: 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

Rent Rate per Foot

Per Month: Yes