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CITY
Columbia Heights, MN
UNITS
12
SALES PRICE
$599,988
DOWN PAYMENT
$149,997
TERMS
Cash or Submit
Highlights
  • Hardwood floors (upper units)
  • Newer windows
  • White appliances
  • Mini blinds in all rooms
  • Large, well-lit laundry room
  • Wall air conditioners
  • Newer water heater

Call MBG at (952) 922 -4405

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Description

Third Street Apartments, built in 1969, is a brick & stucco building with siding accents above the entrance. This investment offers 12 spacious units:  2 studios and 10 two-bedrooms. The building’s common areas include secure glass entry doors, tile entryways, wrought iron railings, and wide, fully carpeted hallways and stairs.

Each apartment is nicely appointed and feature neutral décor throughout.  All units are spacious and light with large windows in the living room/dining areas and include large entry & hallway linen closets.  The kitchens in each unit are equipped with gas ranges with hoods, stainless steel double sinks, white appliances, and have solid oak wood cabinets.  All bathrooms are designed with vanities, medicine cabinets and tile floors.

Third Street Apartments are close to both Minneapolis & St. Paul metro areas and minutes fromI-694. The property is conveniently located just blocks from University Avenue, which is on a main city bus line.

Summary
Property Type

1- 2 1/2 Story                                          

Year Built
1969
Units / Rents
01 -- Efficiency – ($435)
10 – 2 Bedrooms – ($750)
Heating & Air Conditioning
Gas fired base board
Wall units
Laundry
2 Washers /2 Dryers - Owned
Assessed Market Value
$ 2,740,000
Real Estate Taxes
2013 - $12,332
Parcel Size
N/A acres
Parking
20+ off street parking spaces
Roofs
Flat Roof
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405