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4853 Nicollet Ave - 4853 Nicollet Ave S

2 Unit Apartment Building Offered at $765,434 CAD in Minneapolis, MN 55419

Investment Highlights

  • Excellently maintained duplex in the wonderful Tangletown area of Minneapolis

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $56,132 $16.04
Other Income - -
Vacancy Loss - -
Effective Gross Income $56,132 $16.04
Taxes - -
Operating Expenses $709 $0.20
Total Expenses $709 $0.20
Net Operating Income - -

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $56,132
Annual Per SF $16.04
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $56,132
Annual Per SF $16.04
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $709
Annual Per SF $0.20
Total Expenses (CAD)
Annual $709
Annual Per SF $0.20
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $765,434 CAD
Price Per Unit $382,717 CAD
Sale Type Investment
Sale Conditions 1031 Exchange
No. Units 2
Property Type
Multifamily
  • Multifamily Dormitory
Lot Size 0.15 AC
Building Size 3,500 SF
Average Occupancy 100%
No. Stories 3
Year Built 1952
Parking Ratio 0.57/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Storage Space
  • Washer/Dryer
  • Heating
  • Tile Floors
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Refrigerator
  • Range
  • Tub/Shower
  • Yard
  • Dining Room
  • Handrails
  • Lawn

Site Amenities

  • Controlled Access
  • Laundry Facilities
  • Recycling
  • Trash Pickup - Curbside
  • Storage Space
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 2 $2,339 CAD 1,200
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code Residential Multi family (Wonderful side by side 2 story duplex. 3 bedrooms up on each side with a full bath, large living room & dining room. Beautiful hardwood floors throug)
Residential Multi family (Wonderful side by side 2 story duplex. 3 bedrooms up on each side with a full bath, large living room & dining room. Beautiful hardwood floors throug)
  • Listing ID: 33111085

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: 4853 Nicollet Ave, Minneapolis, MN 55419

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