5740 Sander Drive Minneapolis, MN $ 1,785,000
5740 Sander Drive
$ 1,785,000
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5740 Sander Drive

Minneapolis, MN, 55417
$ 1,785,000
Baths0.0 Sq 15,894

Monthly Estimate*

$ 12,469

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Studio

Commercial Property for sale in Minneapolis, MN

for $1,785,000. This 15,894 square foot building was built in 1964 on a lot size of 0.28.

Two Minneapolis Bossen Park area apartment buildings, to be purchased together [17 total units]. 5740 Sander is 11 Units (Ten large 1 BR Units, & One 2 BR Unit). 5753 Bossen Terrace is a 6 Unit building (Five 1 BR Units, & One Studio Unit). Owner has installed new carpeting in all units + hallways in the Bossen Terrace building; repainted all units + hallways in both buildings, and installed new appliances (refrigerators, AC units, toilets) in a majority of the total units within the last year.

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Commercial Active

Price

$ 1,785,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 26,229

Style

Apartment

Lot Size

0.28

Year Built

1964

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

6529007

Features
General
Sewer City Sewer/Connected
Heating Boiler
Utilities Electric Separate
Garage Spaces 0
Construction Materials Brick/Stone
Year Built 1964
Property SubType Apartment
Tax Year 2023
Current Use Residential
Accessibility None
Additional Parcels Description 1902823230093
County Hennepin
Property Type Commercial Sale
Contingency None
Subdivision Name Sanders 2nd Add
Directions Easy freeway access to both properties via Crosstown Hwy 62; at either the 28th Ave or 34th Ave exits.
City Minneapolis
Buyer Agent Compensation 1.75
High School District Minneapolis
Zoning Description Residential-Multi-Family
Total Units 17
Street Name Sander
Land Lease Y/N N
Tax Annual Amount 26229
Additional Parcels Y/N Y
Standard Status Active
Lender Owned No
Buyer Agent Compensation Type %
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Exterior
Parking Features Parking Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.28
Building Area Total 15894
Lot Dimensions 18049
Lot Size Units Acres
Foundation Area 15894
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Interior
Basement (Y/N) N
Street Suffix Drive
Fuel Natural Gas
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Internal Only
Street Number 1 5740
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* Excluded Features
List By
Mrg Realty Partners, Llc

Broker

david@mrgrealtypartners.com

Email

Affordability Calculator

$14,655
Per Month
85%
15%
0%
Monthly Principal & Interest
$12,469
Monthly Property Taxes
$2,186
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2024$1,785,000 Listed Price

Map


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5740 Sander Drive, Minneapolis, MN, 55417 is a Commercial Property for sale at $1,785,000 with 15,894 sqft and a lot size of 0.28. 5740 Sander Drive is a studio with 0.0 baths and was built in 1964. The property's zip code is 55417 which is in Minneapolis, MN