Minneapolis, MN 55404 2020 E Franklin Avenue
$1,999,900
2 more
Presented By: Caspian Group
SQFT • 13,600
Home Details
This multi-family property is located in the Seward neighborhood and features 16 rental units. 8 of the units are two-bedroom units and 8 of the units are three-bedroom units. This property features many updates including all new windows, repaired exterior stucco and new paint, all new exterior security door, new asphalt patching of parking lot. Interior units feature new appliances, bathroom fixtures, interior paint, new light fixtures, new interior locks. This property is great for affordable rentals or ICS grant usage.
Presented By: Caspian Group
Interior Features for 2020 E Franklin Avenue
Other Interior Features
Basement (Y/N)No
Foundation Dimensions35*48
FuelNatural Gas
Garage Dimensions
Garage Door Width
Garage Square Feet
General for 2020 E Franklin Avenue
AccessibilityNone
Additional Parcels Y/NNo
AppliancesFreezer, Range, Refrigerator
CityMinneapolis
Construction MaterialsStucco
ContingencyOther
CoolingWindow Unit(s)
CountyHennepin
Current UseResidential
Directions94 to Riverside Exit. Go S on 26th to E Franklin. Go W on East Franklin to 21st Ave S. Property is NW corner of E Franklin and 21st Ave S.
Electric Expense1000
Fuel Expense1000
Garage Spaces
Gross Income254400
HeatingBoiler, Radiator(s)
High School DistrictMinneapolis
Insurance Expense18000
Land Lease Y/NNo
Lender OwnedNo
Lot Size UnitsAcres
MaintenanceExpense10000
Net Operating Income86400
NumberOfUnitsTotal16
PostalCityMinneapolis
Property SubtypeApartment
Property TypeCommercial Sale
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameMurphys Add
Tax Annual Amount34921
Tax Year2023
Tenant PaysElectricity, Gas
Trash Expense2500
UtilitiesElectric Separate, Heating Separate, Hot Water Separate
Year Built1916
Zoning DescriptionResidential-Multi-Family
Exterior for 2020 E Franklin Avenue
Building Area Total13600
Foundation Area1700
InclusionsBuilding, Fixture/Equipment, Leases
Lot Dimensions165 X 107
Lot Size Area0.41
Parking FeaturesAsphalt, Parking Lot, Paved, Open
Water SourceCity Water/Connected
Additional Details
Price History
Patty Zuzek
Broker MN and WI