722 E Franklin Avenue Minneapolis, MN ^$ 380,000

722 E Franklin Avenue

^$ 380,000

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722 E Franklin Avenue

Minneapolis, MN, 55404

^$ 380,000

Studio Baths0.0 Sq 2,536

Monthly Estimate*

^$ 2,526

722 E Franklin Avenue, Minneapolis, MN 55404 - Image 1

Studio

Commercial Property for sale in Minneapolis, MN

for $380,000. This 2,536 square foot building was built in 1896 on a lot size of 0.07.

Commercial Active

Price

^$ 380,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,023

Style

Apartment

Lot Size

0.07

Year Built

1896

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6524160

Features

General

Sewer City Sewer/Connected

Heating Boiler

Utilities Heating Common

Garage Spaces 0

Construction Materials Wood Siding

Year Built 1896

Property SubType Apartment

Tax Year 2023

Current Use Commercial

Accessibility None

County Hennepin

Property Type Commercial Sale

Contingency None

Subdivision Name Franklin Ave Add

Directions Take East Franklin Ave heading East to Columbus Ave turn left the property is the corner lot on your left.

City Minneapolis

Buyer Agent Compensation 2.00

High School District Minneapolis

Zoning Description Residential-Multi-Family

NumberOfUnitsTotal 5

Lot Size Units Acres

Street Name Franklin

Land Lease Y/N N

Tax Annual Amount 5023

Additional Parcels Y/N N

Days on Market 27

Standard Status Active

Lender Owned No

Buyer Agent Compensation Type %

Exterior

Parking Features On-Street Parking Only

Water Source City Water/Connected

Inclusions Building

Lot Size Area 0.07

Building Area Total 2536

Lot Dimensions 126x220

Street Suffix Avenue

Foundation Area 1038

Interior

Basement (Y/N) N

Fuel Natural Gas

Internal Only

Street Number 1 722

* Excluded Features

List By

Mrg Realty Partners, Llc

Broker

codys3657@gmail.com

Affordability Calculator

$2,944

Per Month

Monthly Principal & Interest: $2,526
Monthly Property Taxes: $419
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Minneapolis, MN

Average List Price ^$1,179,286

Percent of Sale Price 210%

About Minneapolis, MN

417,625 Population

9% Since 2002

^$56,777 Median Income

35.08 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

708364 Elementary School

708967 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/6/2024	$380,000	-5.00%	Price Down
5/10/2024	$400,000		Listed Price

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722 E Franklin Avenue, Minneapolis, MN, 55404 is a Commercial Property for sale at $380,000 with 2,536 sqft and a lot size of 0.07. 722 E Franklin Avenue is a studio with 0.0 baths and was built in 1896. The property's zip code is 55404 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/15/2024.

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722 E Franklin Avenue

Commercial Property for sale in Minneapolis, MN

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