1201 E Lake St, Minneapolis, MN 55407
0 Beds
0 Baths
n/a sqft

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Exceptional Investment Opportunity with long-term tenants.
  • Price:
  • $3,500,000
  • Acreage:
  • 0.79
  • Year Built:
  • 1926
  • Listing ID #:
  • 5208443
  • Street Address:
  • 1201 E Lake St
  • City:
  • Minneapolis
  • State:
  • Minnesota
  • Postal Code:
  • 55407
  • County:
  • Hennepin
  • Listing Status:
  • Active
  • Basement Description:
  • Full, Concrete Block
  • Exterior Features:
  • Stucco, Brick/Stone
  • Miscellaneous Features:
  • 220 Volt, Three Phase
  • Number Of Units:
  • 2
  • Type Of Roof:
  • Rubber
  • Year Built:
  • 1926
  • Annual Electric Expenses:
  • 35500
  • Annual Gas Expenses:
  • 7628
  • Annual Gross Income:
  • 507084.00
  • Annual Income:
  • 267084.00
  • Annual Insurance Expenses:
  • 5800
  • Annual Trash Expenses:
  • 3271
  • Conforms To Zoning:
  • Business/Commercial
  • Existing Land Use:
  • Professional Service, Office
  • Lot Description:
  • Corner Lot, Tree Coverage - Light, Zero Lot Line, City Bus (w/In 6 Blks)
  • Road Frontage:
  • City, Paved Streets, Curbs, Sidewalks
  • Included In Sale:
  • Building, Land, Leases
  • Property Taxes:
  • $69,438
  • Tax Year:
  • 2019
  • Appliances:
  • Microwave, Refrigerator
  • Cooling System:
  • Central
  • Existing Water:
  • City Water/Connected
  • Heating:
  • Forced Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • City Sewer/Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Edina Realty
  • MINNE

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