2953 Bloomington Avenue
Minneapolis, MN 55407

Commercial
  • 0.11acres
$925,000
Est. P&I payment: $3532.87/mo
2953 Bloomington Avenue, Minneapolis, MN 55407
  • 2953 Bloomington Avenue, Minneapolis, MN 55407 Photo 1
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  • 2953 Bloomington Avenue, Minneapolis, MN 55407 Photo 12
  • 2953 Bloomington Avenue, Minneapolis, MN 55407 Photo 13
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Description for 2953 Bloomington Avenue, Minneapolis, MN 55407
Amazing location!!! Fantastic opportunity to own in this energetic neighborhood! Solid building, brick storefront, busy intersection. High visibility restaurant and retail space on street level, with apartments above. On bus-line, apartments have high ceilings, woodwork and open floor plan.
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My Notes for MLS #4937897

General Features

  • Acres: 0.11
  • Current Use: Beauty/Barber Shop,​Restaurant,​Food Service,​Professional Service,​Residential,​Commercial
  • Foreclosure Status: No
  • Year Built: 1907
  • Sale Includes: Building,​Land,​Inventory,​Leases
  • Total Number of Units: 6
  • Status: Active

Exterior Features

  • Exterior: Brick/Stone
  • Parking Characteristics: None
  • Road Frontage: City
  • Lot Description: Corner Lot,​City Bus (w/in 6 blks)
  • Lot Dimensions: 44x97

Interior Features

  • Building Finished Square: 12,804
  • Handicap Accessible: None
  • Basement: Full,​Finished (Livable)
  • Roof: Flat,​Age Over 8 Years,​Rubber
  • Number of 1 Bedroom Unit: 1
  • Number of 2 Bedroom Unit: 1
  • Number of 3 Bedroom Unit: 2
  • Number of Units 1: 1
  • Number of Units 2: 1
  • Number of Units 3: 2
  • Number of Units 4: 2
  • Shared Rooms: Other

Utilities Features

  • Appliances: Range,​Cooktop,​Exhaust Fan/Hood,​Dishwasher,​Refrigerator,​Freezer
  • Air Conditioning: None
  • Heating: Hot Water
  • Fuel: Natural Gas
  • Water: City Water/Connected
  • Number of Ranges: One Per Unit
  • Number of Refrigerators: One Per Unit
  • Sewer: City Sewer/Connected

Financial Features

  • Annual Electric Expense: 2,575
  • Annual Fuel Expense: 4,200
  • Annual Insurance Expense: 8,328
  • Annual Maintenance Expense: 500
  • Annual Repair Expense: 1,000
  • Annual Gross Expense: 38,935
  • Annual Trash Expense: 900
  • Annual Water/Sewer Expense: 2,310
  • Tenant Expenses: None
  • Total Annual Income: 99,900
  • Unit 1 Monthly Rent: 800
  • Annual Rent 1: 9,600
  • Unit 2 Monthly Rent: 800
  • Annual Rent 2: 9,600
  • Unit 3 Monthly Rent: 1,000
  • Annual Rent 3: 24,000
  • Unit 4 Monthly Rent: 2,625
  • Total Monthly Income: 8,325
  • Tax Amount: 16,467
  • Tax With Assessments: 18,121.08
  • Tax Year: 2018
  • Annual Gross Income: 99,900

Community Features

  • County: Hennepin
  • Municipality: Minneapolis
  • Postal City: Minneapolis (MN)
  • Neighborhood: East Phillips

School Features

  • School District: 1 - Minneapolis
  • School District Phone: 612-668-0000

Misc Features

  • Amenities - Unit: Natural Woodwork,​Kitchen Window,​Hardwood Floors,​Tiled Floors
  • Foundation Size: 4,268
  • Zoning: Business/Commercial
  • Lender Owned: No
  • Potential Short Sale: No

Location

 
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Directions to 2953 Bloomington Avenue, Minneapolis, MN 55407
Take 35EW to Lake Street, East to Bloomington Ave, on corner of Bloomington and Lake St.
The listing information for 2953 Bloomington Avenue, Minneapolis, MN 55407 was graciously provided by our friends at the listing brokerage, Bridge Realty, LLC

Get Financing for 2953 Bloomington Avenue, Minneapolis, MN 55407

Waterstone Mortgage Corporation
Josh Hennesy
701 Washington Ave North Ste 525
Minneapolis, MN 55401
612.716.1187 Mobile
612.234.4284 Fax
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P&I Payment $3532.87
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Last Updated 04/20/2018 at 5:03pm
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