5th Street 11-Unit Listing Details & Market Data

Wonderful location, with tons of nearby restaurants & amenities and close to the U of MN. 35 W to 4th St Exit to 5th Ave, to 5th Street SECome see this rarely available, easy to manage brick 11 unit apartment building right next to the U of M campus! All units are two bedrooms in addition to a brand new basement 3 bedroom unit. This property is neat, tidy, square, and easy to maintain with full brick exterior and newer flat roof. Huge rear parking lot with space for every unit. Mechanicals have been meticulously maintained. Long term owner who has been very active in maintaining great condition throughout. Never have an issue with vacancy again! This location is special, easy to rent, and quiet. Don't miss out on this opportunity. Centrally located and easy to manage 11-Unit apartment building near the University of MN campus! Majority of the units are 2-BR with one being a hard to find 3-BR that has been recently updated. This property is in solid condition with longstanding tenants in place and an opportunity for rent increases over time as current tenants vacate. Full brick exterior and a newer flat roof. Park off-street in the rear parking lot behind building, with plenty of space for each unit. Well maintained mechanicals and solid ownership. Boiler Heat and Natural Gas Fuel. Residential/Multi-Family zoning. Public Transportation is within walking distance to building. This is a quiet and well leased location for your next investment property. Tenants pay for Electric & Phone/Internet. Landlord pays for all other building expenses.