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509 6th St SE
Minneapolis, MN 55414 Midway

$699,995 USD

Apartments For Sale  •  7,225 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,225 SF
  • Lot Size 0.26 AC
  • Building Class C
  • Year Built 1916
  • Cap Rate 7.37 %
  • Zoning Multi-Family
62 Transit Score
83 Walk Score

Highlights

University of Minnesota Off-Campus Housing Area

Property Flyers

Financial Summary (Actual)

Net Operating Income: $51,624 USD (2023)
Cap Rate: 7.37 %
Total Expenses: $18,576 USD

Amenities

  • Dishwasher
  • Washer/Dryer
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Sunroom
  • Yard
  • Vinyl Flooring
  • Window Coverings

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 6 min - 2.0 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 7.7 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 21 min - 11.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Daniel O'Brien 612-562-3773 The Stepping Stone Group
Daniel O'Brien 612-562-3773 The Stepping Stone Group