Anand Prashad, Broker
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456 Buchanan Street Ne, Minneapolis, MN 55413

$489,950
SQUARE FEET 4,032
MLS# 7087862
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Anand Prashad, Broker

Anand Prashad, Broker
Call: (612) 790-6080

STATUS: Active
PROPERTY TYPE: Multi Unit - Multiple
SUBDIVISION: Ramsey Lockwood & Others Add St Anth
SCHOOL: Minneapolis
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Property Description

Four-unit property with Northeast character in a great location of the Beltrami neighborhood. Grocery stores, restaurants, breweries, and the University of Minnesota all in close proximity. All units are currently rented month-to-month with long-term tenants in place. The property includes two 2-bedroom units on the upper floor and two 1-bedroom units on the main level. Unit 1 was originally a neighborhood storefront during the roaring '20s, adding a colorful chapter of local history to the property. Additional income opportunities include rent growth, RUBS implementation, monetizing the 5 garage spaces, and pet rent (building is dog-friendly). Large lot with yard adds further tenant appeal.Unit 1 - 672 sqft (1BR/1BA) ? $1,000Unit 2 - 588 sqft (1BR/1BA) ? $950 Unit 3 - 672 sqft (2BR/1BA) ? $1,050 Unit 4 - 588 sqft (2BR/1BA) ? $1,000 Building Improvements: Roof: New in 2017 Garage Roof: New 2026Boiler: New in 2013 Plumbing: Supply lines, PEX, 2013 Water Heaters: Replaced in 2013 Operating Expense Taxes: $9,381 Water + Solid Waste: $4,131 Insurance: $2,481 Gas : $2,769 Electric: $500

456 Buchanan Street Ne | MLS# 7087862

This multi-family property located at 456 Buchanan Street Ne, Minneapolis, MN 55413 is currently listed for sale with an asking price of $489,950. Buchanan Street Ne is located within the Minneapolis school district. Search Minneapolis real estate on aprashad.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block
Garage: 5
Heating: Radiator, Radiant
Lot Size: 0.12 Acres
Roof Type: Flat
Taxes: $8,571
Year Built: 1910

Feature Descriptions

Days on Site: 80
Foundation Size: 1344
Lot: Corner Lot
Lot Dimensions: 39.30 X 131.00
Owners Expense: Gas, Sewer, Trash Collection, Water
Parcel#: 1302924340007
Parking: Detached Garage
Sewer: City Sewer - In Street
Tenant Expenses: Broadband, Cable TV, Electricity
Units: 4
Water: City Water - In Street

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Lifestyles
Agency Phone: 763-229-4965

Shown By

Agent Name: Anand Prashad, Broker
Agent Phone: (612) 790-6080
Agency Title: Counselor Realty

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$ 3,464.87 per month $2,607.72 Principal & Interest $714.25 Property Tax $142.90 Homeowner's Insurance

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