1120 Lowry Avenue N Minneapolis, MN 55411

$2,490,000 N/A N/A
Price Bedrooms Bathrooms
Price has increased 13.2% since 5/18/2021 Price History
Status: Active

MLS #: 5759456

Mixed Use Sq. Feet: N/A
On Site: 200 Days Lot Size: 0.25 Acres
Neighborhood: See All Properties for Sale in Folwell
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100% occupied North Minneapolis 10 unit mixed-use investment opportunity! Five street level retail, Two street level restaurant, Two - 1 bedroom Apartments, One - 2 bedroom Apartment. Corner portion of the building Emerson & Lowry built in 2014. Storefronts along Lowry built in 1968. New electric, new gas lines.
Accessibility Features: No Stairs External
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Lot Size: 0.25 Acres
Lot Dimensions: 88 x 127
Lot Features: Public Transit (w/in 6 blks), Corner Lot
Parking Features: Asphalt, Open
Utilities: Electric Separate
Sewer: City Sewer/Connected
Water: City Water/Connected
Road Frontage: City Street
Zoning: Residential-Multi-Family,Business/Commercial
Directions: Lowry Ave N at Emerson Street
School District: Minneapolis
County: Hennepin
Sale Includes: Building, Land, Leases
Tax Year: 2020
Tax Annual Amount: $15, 168
Water / Sewer Expense: $3, 120
Fuel Expense: $7, 200
Electric Expense: $17, 160
Insurance Expense: $7, 500
Trash Expense: $5, 580
Gross Income: $190, 620
Net Income: $135, 130
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Listing Information Last Updated 12/3/2021
© Copyright 2021 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than the owner of this website are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.
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Property Summary

1120 Lowry Avenue N
Minneapolis, MN 55411

MLS®: 5759456

List Price: $2,490,000


MLS® 5759456: This property at 1120 Lowry Avenue N, Minneapolis, MN 55411 is located in the Folwell subdivision and is listed for $2,490,000. MLS® 5759456 has been on the market for 199 days.