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CITY
Minneapolis, MN
UNITS
26
SALES PRICE
$1,150,000
DOWN PAYMENT
$287,500
TERMS
Cash or Submit
Highlights
  • Surveillance System
  • New water heater (2014)
  • One new boiler (2014)

Call MBG
(952) 465-3572 Maddy Butler
(952)465-3576 Tom Cooper

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Description

 

Glenwood Terrace Apartments is a professionally managed and maintained 2 ½-story brick complex consisting of 26 spacious units.  The property, built in the early 60’s, also includes an off-street parking lot directly adjacent to the site.  

 

Front & back entries are equipped with double glass security doors and durable ceramic tile flooring.  Halls and stairways are fully carpeted and well lit and feature wrought-iron railings. All apartments are nicely decorated with neutral-color finishes, large windows and plenty of closet space. Kitchens are equipped with stainless steel double sinks, gas ranges, fan hoods, and ample counter space.  All bathrooms are appointed with vanities, tub surrounds and tile floors.

 

Glenwood Terrace is well located in the Harrison Neighborhood, which runs along the western edge of downtown Minneapolis, and is close to two popular recreational areas—Bassett Creek Valley Park and Theodore Wirth Park.   The neighborhood also resides along a major transportation hub:  The Blue Line light rail system runs east and north linking the neighborhood with Osseo to the North and the Minneapolis-St. Paul International Airport and Mall of America to the south.  The Harrison location also offers convenient access to Hwy. 55 (Olson Memorial Highway) and Interstate 94 and 394.

 

Summary
Property Type
1- 2 1/2-story building
Year Built
1962
Units / Rents
23 – 1 Bedrooms – ($ 642)
03– 2 Bedrooms - 875 sq. ft. ($ 882)
Heating & Air Conditioning
Gas fired hot water
Wall units
Laundry
2 Washers / 2 Dryers
Assessed Market Value
Real Estate Taxes
2015 - $20,798
Parcel Size
0.6acres
Parking
20 Parking spaces
Roofs
Flat Roof
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405