9040 Nicollet Avenue S

Bloomington, MN 55420 View Map $735,000 Ask a Question
Acres0.51
Year1966
9040 Nicollet Avenue S Bloomington, MN 55420 | MLS 5484346 Photo 1
9040 Nicollet Avenue S Bloomington, MN 55420 | MLS 5484346 Map
Matt Barker

Matt Barker

Realtor - RE/MAX Results
(612) 730-2829
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Status: Sold
Property Type:Apartments/Multi Family
MLS #:5484346
Date Sold:3/13/2020
Lot Size:0.51 Acres
County:Hennepin
Fully rented 6 unit in high demand Bloomington location on bus line and across from Valley View Park and Aquatic Center. 24 hr notice for 1st showings of Units 1 & 6. 24 hr notice at 2nd showings for Units 2-5 to be scheduled after successful 1st showing and on different day from 1st showing. Leases, Sched E, Improvements list available upon request. Great investment opportunity! No smoking and no pets allowed. Unit 5 is mo-to-mo. 2 bedroom units total fin. sqft 780. 3 bedroom units total fin. sqft 1,075. $4,123.55 annual water/sewer expense.

Detailed Maps

Community Information

Address:9040 Nicollet Avenue S Bloomington, MN 55420
County:Hennepin
City:Bloomington
School System:Bloomington
Neighborhood:Lynn Acres
Zip Code:55420

Features / Amenities

Amenities: Patio, Balcony, Kitchen Window, Ceiling Fan(s), Tiled Floors
Appliances: Range, Microwave, Exhaust Fan/Hood, Refrigerator
Floor: Carpet, Tile, Vinyl/Linoleum
Windows: Window Coverings, Window Treatments, Wood Frames
Air Conditioning: Wall
Heating: Hot Water, Boiler
Fuel: Natural Gas

Property Features

Lot Size: 0.51 Acres / 22215.6 Sq. Ft.
Lot Dimensions:100x222.98
Lot Description: City Bus (w/in 6 blks), Tree Coverage - Light
Location: Free Standing
Water: City Water/Connected
Sewer: City Sewer/Connected
Utilities: Electric Separate, Electric Common, Heating Common, Hot Water Common
Road Frontage: City, Paved Streets, Curbs, Sidewalks
Zoning:Residential-Multi-Family
Directions:Nicollet Ave to bldg.

Tax and Financial Info

Sale Includes: Building, Land, Fixture/Equipment, Leases
Tax Amount: $10, 692.00
Tax Year: 2019
Annual Gross Expense: 40334.60
Total Annual Expenses: 40335
Annual Gross Income: 70150.33
Annual Net Income: 29815.73
Annual Trash Expense: 1120
Annual Maintenance Expense: 25812
Annual Insurance Expense: 4117

Schools

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Listing Information Last Updated 4/3/2020
Listing provided courtesy of Coldwell Banker Realty.
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