$2,750,000
For Sale

4001 Mavelle Drive

Edina, MN 55435
Listing OfficeSweet Home Realty, LLC
Browse 41 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Tree lined classic 12-unit spacious (11 unit 2 bedroom 1 bath and 1 studio) apartment building tucked behind the Room & Board Store, across the street from the renowned Galleria Mall! Walking distance to many restaurants, shops, banks, Lunds & Byerlys, Whole Foods, Southdale Mall. 10 minutes to Minneapolis downtown and University of Minnesota. Top Edina School District! A cozy sanctuary in the heart of Edina, close to everything you need. Floor plan is open and spacious. It comes with private 1-car detached garage and one additional parking space for each unit! Baseboard hot water radiant heat provides comfort and warmth. Tenants pay electricity bills. Coin operated laundry in the building. Potential for re-development just 1/2 block from France Ave commercial district. Zoned as PRD-4 allowing flexible higher density multifamily with commercial elements. Please check with the city of Edina for details. 1031 Exchange property.

  • Interior Details
      • HeatingBaseboard, Boiler
      • CoolingWindow Unit(s)
      • Cooling FeaturesWindow Unit(s)
  • Property Details
      • Square Feet15000
    • Parking
      • Parking FeaturesDetached, Parking Lot
      • Parking Spaces12
  • Construction Details
      • Property TypePurchase
    • Condition
      • Year Built1961
  • Utilities / Energy Details
      • Utility FeaturesElectric Separate, Heating Common
      • Sewer InformationCity Sewer/Connected
      • Utility SourceCity Water/Connected
  • Community and Neighborhood Details
      • SubdivisionStows Edgemoor Add Blk 9 Rep
    • Location
      • CountyHennepin
      • School DistrictEdina
  • Financial Details
      • Taxes Annual$28,991
  • Other
      • MLS #6634496

Location

Danielle Warden | Keller Williams Integrity REReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
1.2%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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