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137 E 17th St
Minneapolis, MN 55403

$3,255,000 USD

Apartments For Sale  •  21,706 SF

Property Details

  • Property Type Apartments
  • Total Building Size 21,706 SF
  • Lot Size 0.96 AC
  • Building Class C
  • Year Built 1918
  • Zoning OR3
74 Transit Score
89 Walk Score

Highlights

Extensively renovated units including kitchens and bathrooms provide low maintenance costs moving forward.
Major systems including electric have been fully updated.
Tenant paid electric baseboard heat reduces landlord utility charges—leading to an increase in NOI.
4D program allows opportunity to restrict units at 60% AMI for 10 years for tax reduction.
Studio units are larger than market comps.

Amenities

  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Laundry Facilities
  • Heating
  • Security System
  • Ceiling Fans
  • Eat-in Kitchen
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Storage Space
  • Sundeck
  • Dining Room
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 6 min - 1.7 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 14 min - 9.9 mi
Transit/SubwayDriveWalkDistance
Government Plaza Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 4 min 18 min 1.0 mi
Nicollet Mall Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 3 min 20 min 1.1 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 21 min - 12.6 mi
Dylan Steman 763-438-1623 Northmarq
Dylan Steman 763-438-1623 Northmarq