Description
MLS ID: 6724331
Directions: 94 to Riverside Exit. Go S on 26th to E Franklin. Go W on East Franklin to 21st Ave S. Property is NW corner of E Franklin and 21st Ave S.

MLS ID: 6724331
Directions: 94 to Riverside Exit. Go S on 26th to E Franklin. Go W on East Franklin to 21st Ave S. Property is NW corner of E Franklin and 21st Ave S.
MLS #: 6724331
Listing courtesy of: Caspian Group
Price: $1,899,900
Type: Commercial
Contingency: None
Foreclosure: No
Zoning: Residential-Multi-Family
Current Use: Residential
Total Units: 16
Annual Gross Income: $254,400
Net Operating Income: $86,400
Annual Gross Expense: $168,000
Annual Electric Expense: $1,000
Annual Fuel Expense: $1,000
Annual Insurance Expense: $18,000
Annual Maintenance Expense: $10,000
Annual Annual Expense: $2,500
Tenant Pays: Electricity, Gas
Parking Features: Asphalt, Parking Lot, Paved, Open
Other Parking Spaces: 12
Owner Occupied: No
Construction Materials: Stucco
AccessibilityFeatures: None
Heating: Boiler, Radiator(s)
Cooling: Window Unit(s)
Style: Apartment
Year Built: 1916
Foundation Area: 1,700
Sewer: City Sewer/Connected
Water Source: City Water/Connected
Utilities: Electric Separate, Heating Separate, Hot Water Separate
Complex/Dev/Sub Name: Murphys Add
Lot Dimensions: 165 X 107
District: Minneapolis
District Number: 1
District Phone: 612-668-0000
County: Hennepin
Survey Range: 24
Survey Section: 25
Survey Township: 29
Tax Year: 2023
Tax Amount: $34,921
Assessment Pending: No
Taxes w/Assessments: $36,418
This listing was last updated by Caspian Group on 9/3/2025 at 6:19 pm.
Information is deemed to be reliable, but is not guaranteed. Such information cannot be duplicated or distributed in any manner without the express written consent of the owning association. Data is deemed reliable but not guaranteed.
Records last updated at 12/5/2025 3:25 am.
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