99 E 54th Street, Minneapolis, MN 55419
$1,870,000
Property Type:
Commercial
Lot Size (sq. ft.):
19,166
Status:
Closed
Current Price:
$1,870,000
List Date:
8/08/2022
Last Modified:
8/07/2025
Overview
Description
Listing Details MLS# 6241934
General Property Information
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Other Parking Spaces
- 16
- Owner Occupied
- No
- Year Built
- 1960
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Foundation Size
- 4488
- Garage Stalls
- 2
- For Sale or Lease
- For Sale
- Acres
- 0.44
- Lot Dimensions
- 88x224
- Assessment Pending
- Unknown
Property Features
Accessible:
None
Air Conditioning:
Wall Unit(s)
Amenities Shared:
Coin-op Laundry Owned
Amenities Unit:
Hardwood Floors
Basement:
Concrete Block; Egress Windows; Full; Shared Access; Storage Space
CMU Style:
Apartments/Multi Family
Construction Status:
Previously Owned
Current Use:
Residential
Exterior:
Brick/Stone
Financing Terms:
Conventional
Fuel:
Natural Gas
Heating:
Baseboard; Boiler; Hot Water
Loan Terms:
Cash; Conventional
Lot Description:
Public Transit (w/in 6 blks)
On Site Utilities:
Electric Separate; Heating Common; Hot Water Common
Owner Pays:
Fuel; Insurance; Lawn; Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection; Water
Parking Characteristics:
Uncovered/Open
Pool Description:
None
Rent Rate per Foot:
Per Month
Rental License Type:
Standard
Road Frontage:
City Street; Curbs; Paved Streets; Sidewalks
Road Responsibility:
Public Maintained Road
Roof:
Flat
Sewer:
City Sewer/Connected
Stories:
Two
Tenant Pays:
Electricity
Water:
City Water/Connected
Contract Information
- Off Market Date
- 2022-09-08
- Closed Date
- 2022-10-26
- Sales Close Price
- 1870000
- Contingency
- None
- ListPrice
- 2395000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 99
- Street Direction Prefix
- E
- Street Name
- 54th
- Street Suffix
- Street
- Postal City
- Minneapolis
- County
- Hennepin
- State
- MN
- Zip Code
- 55419
- Complex/Dev/Subdivision
- Clarkes Nicollet Ave Sub
Assessments
- Tax With Assessments
- 33917
- Assessment Balance
- 0
Building Information
- Building Finished SqFt
- 13464
- Building SqFt
- 13464
More Information
Income and Expenses
- Annual Electric Expense
- 862
- Annual Fuel Expense
- 4448
- Annual Insurance Expense
- 10228
- Annual Trash Expense
- 4205
- Annual Water/Sewer Expense
- 7280
Lease Details
- Land Leased
- Not Applicable
- Monthly Land Lease Amt
- 0
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 24
- Section#
- 22
- Township#
- 28
Sale Options
- Sale Includes
- Building, Land
Unit 1
- No. of 1 Bedroom Units
- 15
Unit 3
- No. of 3 Bedroom Units
- Yes
Unit Details
- Total Units
- 17
Unit Information
- No. of Efficiency Units
- Yes
Office/Member Info
- Association
- MAAR
- MLSID
- RMLS
Location, Tax and Other Information
- Legal Description
- LOT 004 CLARKES NICOLLET AVE SUBD
- Listing City
- Minneapolis
- Map Page
- 120
- Municipality
- Minneapolis
- Rental License?
- Yes
- School District
- Minneapolis
- School District Phone
- 612-668-0000
- Map Coordinate Source
- RETS
- Zip Plus 4
- 1017
- Property ID Number
- 2202824120023
- Tax Year
- 2022
- Tax Amount
- 33917
- In Foreclosure?
- No
- Potential Short Sale?
- No
- Lender Owned?
- No
Directions & Remarks
- Public Remarks
- All brick 17-unit building conveniently located close to shopping, restaurants, bus line and easy freeway access. Consists of (15) 1 bedroom units, (1) 3 bedroom unit, and (1) efficiency unit. Some units have oak hardwood floors. Units have wall air-conditioners. Inbuilding laundry with coin-operated machines owned by seller. Large lot with aproximately 16 off street parking spaces. Detached two car garage - great for storage. New boiler 2022. Per city permits, roof 2009.
- Directions
- Diamond Lake Road to Nicollet Ave, north to 54th Street, east to property.
Accessible
- None
- Yes
Air Conditioning
- Wall Unit(s)
- Yes
Amenities Shared
- Coin-op Laundry Owned
- Yes
Amenities Unit
- Hardwood Floors
- Yes
Basement
- Concrete Block
- Yes
- Egress Windows
- Yes
- Full
- Yes
- Shared Access
- Yes
- Storage Space
- Yes
Construction Status
- Previously Owned
- Yes
Exterior
- Brick/Stone
- Yes
Financing Terms
- Conventional
- Yes
Fuel
- Natural Gas
- Yes
Heating
- Baseboard
- Yes
- Boiler
- Yes
- Hot Water
- Yes
Lot Description
- Public Transit (w/in 6 blks)
- Yes
Owner Pays
- Fuel
- Yes
- Insurance
- Yes
- Lawn
- Yes
- Maintenance/Repair
- Yes
- Snow Removal
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
- Water
- Yes
Parking Characteristics
- Uncovered/Open
- Yes
Pool Description
- None
- Yes
Rental License Type
- Standard
- Yes
Road Frontage
- City Street
- Yes
- Curbs
- Yes
- Paved Streets
- Yes
- Sidewalks
- Yes
Road Responsibility
- Public Maintained Road
- Yes
Roof
- Flat
- Yes
Sewer
- City Sewer/Connected
- Yes
Stories
- Two
- Yes
Water
- City Water/Connected
- Yes
No. of Ranges
- One Per Unit
- Yes
No. of Refrigerators
- One Per Unit
- Yes
Tenant Pays
- Electricity
- Yes
On Site Utilities
- Electric Separate
- Yes
- Heating Common
- Yes
- Hot Water Common
- Yes
CMU Style
- Apartments/Multi Family
- Yes
Current Use
- Residential
- Yes
Loan Terms
- Cash
- Yes
- Conventional
- Yes
Rent Rate per Foot
- Per Month
- Yes
Listing Office:
Coldwell Banker Realty - Lakes
Last Updated: August - 07 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.