, Minneapolis, MN 55420 (MLS# 6609511)

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Other Parking Spaces: 130
Waterfront YN: No
Year Built: 1964
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Foundation Size: 24422
Garage Stalls: 47
For Sale or Lease: For Sale
Acres: 2.16
Lot Dimensions: 412x262x407x198
Assessment Pending: Unknown

Property Features

Accessible: Partially Wheelchair Air Conditioning: Window Unit(s) Amenities Shared: Coin-op Laundry Leased; Security Building; Other CMU Style: Apartments/Multi Family Construction Status: Previously Owned Current Use: Residential Exterior: Engineered Wood Foundation: Other Fuel: Natural Gas Heating: Boiler Lock Box Type: None On Site Utilities: Electric Separate Parking Characteristics: Parking Lot; Heated Garage Pool Description: Below Ground; Heated; Indoor Rental License Type: Standard Sewer: City Sewer/Connected Water: City Water/Connected

Contract Information

Off Market Date: 2025-04-02
Closed Date: 2025-06-24
Sales Close Price: 5005500
Contingency: None
ListPrice: 6800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55420
Complex/Dev/Subdivision: Bloomington 33rd Add

Assessments

Tax With Assessments: 78084
Assessment Balance: 0

Building Information

Building Finished SqFt: 73267

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 04
Township#: 27

Sale Options

Sale Includes: Building, Land, Leases, Other

Unit Details

Total Units: 47

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

Legal Description: LOT 001 BLOCK 001 BLOOMINGTON 33RD ADDN
Listing City: Minneapolis
Map Page: 134
Municipality: Bloomington
School District: Bloomington
School District Phone: 952-681-6400
Zip Plus 4: 1878
Property ID Number: 0402724130053
Tax Year: 2024
Tax Amount: 78084
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Southtown Apartments is a 47-unit low-rise style market-rate apartment. This building was built in 1964 and is situated on a 2.16-acre site. Unique property characteristics are the property has 47 lower-level garage stalls and its location fronting along I-35W, the main highway running north/south through the Twin Cities, and recreational amenities such as an enclosed swimming pool and party room. Unit mix – 47-units 1 bedroom, 1 bath – 20 units 2 bedrooms, 1 bath – 23 units 2 bedrooms, 2 baths – 3 units
Directions: From 35W to Bloomington Freeway to building.

Accessible

Partially Wheelchair: Yes

Air Conditioning

Window Unit(s): Yes

Amenities Shared

Coin-op Laundry Leased: Yes
Security Building: Yes
Other: Yes

Construction Status

Previously Owned: Yes

Exterior

Engineered Wood: Yes

Foundation

Other: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Lock Box Type

None: Yes

Parking Characteristics

Parking Lot: Yes
Heated Garage: Yes

Pool Description

Below Ground: Yes
Heated: Yes
Indoor: Yes

Rental License Type

Standard: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

On Site Utilities

Electric Separate: Yes

CMU Style

Apartments/Multi Family: Yes

Current Use

Residential: Yes