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707-709 5th Street Southeast in Minneapolis, MN is a well-maintained vintage 13-unit apartment property located in the heart of the Marcy Holmes neighborhood of Minneapolis.  The building consists of nine 1-bedroom units and four studio units.  Strong rental history with an opportunity to increase rents.  Property has a 6-stall garage for added income.  Currently only charging $45 per month.   On-site laundry currently is not being charged.  Storage units are in the basement and are currently included in the rent.   Two more potential income sources.   Marcy-Holmes is well known for its commercial districts, St. Anthony Main and Dinkytown, and its immediate proximity to the East Bank of the University of Minnesota-Twin Cities campus. Property is home to U of MN students and working-class individuals.  Over 80% of the neighborhood is renters.  Property Manager lives on site.

Home Details for 707 SE 5th SE Street

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Parking