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Active NEW!
$980,200
/mo Edit
Commercial:  Other
16 br • 6 ba • Built 1911
0.25 acres
Minneapolis schools
MLS# 7077239
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    Property Description

    2205 Pleasant Avenue/215 West 22nd Street is a 6-unit apartment building consisting of four 3-bedroom units and two 2-Bedroom units on the top floor. Historic apartments near the Wedge and Whittier neighborhoods. This property features large living room and dining spaces, ample closets for storage, and covered communal porches and balconies to enjoy the seasons. This property is also close to the bus line. The apartments differ and can feature ceiling fans, hardwood floors, updated kitchen cabinetry, large pantry space, dishwashers, or fireplaces. Newer roofs, modern boilers, newer hot water heaters and updated electric.

    Listing

    Contingency: None
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Other
    Zip Code: 55404
    Neighborhood/Area: 84
    Subdivision Name: Daytons Sub Blks J T Blaisdells Rev

    Interior

    Ceiling Height: 11-15
    Flooring: Wood
    Refrigerators: Six or More
    Appliances Included:
    • Dishwasher
    • Range
    • Refrigerator
    Basement Details: Block

    Exterior

    Stories: Three Or More
    Garage Spaces: 0
    Air Conditioning: Window Unit(s)
    Foundation Size: 3,628 ft2
    Handicap Accessible: None
    Heating System: Boiler
    Parking Features: None
    Exterior Material: Frame
    Roof Details: Asphalt

    Lot & Land

    Acres: 0.25
    Geolocation: 44.960714, -93.28245
    Inclusions: Rental License
    Lot Dimensions: 60.00 X 165.00
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family

    Schools

    School District: 1
    District Phone: 6126680000

    Expenses

    Annual Caretaker Expense: None
    Annual Electric Expense: $550
    Annual Fuel Expense: $8,500
    Annual Insurance Expense: $9,000
    Annual Trash Expense: $2,900
    Annual Water/Sewer Expense: $3,150

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $15,392
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $16,024

    Income

    Annual Gross Income: $132,890

    Rent

    Annual Net Income: $74,431

    Units

    Total Units: 6

    Miscellaneous

    Current Use: Residential
    Fuel System: Natural Gas
    Owner Occupied: No
    Sewer System: City Sewer/Connected
    Available Utilities:
    • Electric Separate
    • Heating Common
    • Hot Water Common
    Water System: City Water/Connected

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Metro Group Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.