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CITY
Minneapolis, MN
UNITS
12
SALES PRICE
$925,000
DOWN PAYMENT
$231,250
TERMS
Cash or Submit
Highlights
  • Controlled access
  • Completely remodeled units
  • Wood-grain flooring

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

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Description

 

Longfellow Flats is an attractive 12-unit brick & stucco apartment building situated on a large fenced-in lot.  The front entrance is classically-styled with glass-paneled entrances, tile entryways, wrought iron railings, updated lighting and newly carpeted hallways and stairs.  The property, built in the early 60s, also offers an onsite laundry and ample off-street parking spaces.

 

All apartments are completely remodeled and nicely appointed with neutral finishes, large windows, wood-grain flooring, and plenty of storage space, including large hallway closets. Kitchens feature all stainless steel appliances and double-sided sinks, new cabinetry, and granite countertops.  Bathrooms have been updated with new lighted vanities and large, square floor and wall tiles with accent borders.  

 

Longfellow Flats is located in the mostly residential Corcoran neighborhood within the Powderhorn community of south Minneapolis. Lake Street is Corcoran’s main commercial area, which features a wide array of restaurants, shops, and businesses, as well as the popular Lake Street Midtown Farmer’s Market. A number of public parks and recreation opportunities are within walking distance from the property.  Hiawatha Light Rail Transit (LRT) provides convenient access to downtown and other destinations.   

 

Summary
Property Type
3 three-story buildings
Year Built
1962
Units / Rents
01 -- Studio – ($ 625)
11– 1 Bedrooms – ($725-$775)
Heating & Air Conditioning
Gas fired hot water
Wall units
Laundry
1 Washer/ 1 Dryer
Assessed Market Value
$ 2,740,000
Real Estate Taxes
2015 - $9,579
Parcel Size
0.28acres
Parking
11 off-street spaces
Roofs
Pitched
©2008 MINNESOTA BROKERAGE GROUP
4725 Excelsior Blvd. Suite 500 / Minneapolis, MN. 55416
952.922.4405