For Sale: Minneapolis MLS# 6782284
Active
$1,199,900
Commercial: Other
Built 1900
0.22 acres
Minneapolis schools
MLS# 6782284
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Property Description
Own a piece of Minneapolis history at 425 Oak Grove Street, a magnificent 1890 residence by Frank Griggs McMillan, one of only four original homes in Loring Park's Oak Grove Street Development. Home showcases exquisite craftsmanship, including hardwood floors, stained glass windows and original woodwork. Home boasts 9 bedrooms, all with ensuite baths, and 12 total bathrooms. You will love the old-world charm with all the modern updates. Located in the heart of Loring Park Minneapolis, its OR2 zoning allows for diverse uses, from a grand residence to a lucrative business (formerly generating $10, 000/month as a sober house). Recent updates include a newer boiler, roof (2023), newer driveway, and refreshed paint, plus electrical and plumbing fixes. Directly next to St. Mark’s Cathedral. MINNeSTAY recently estimated $140, 000 annual gross income from nightly rental income. Great destination for weddings/ celebrations. Schedule your tour today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,199,900
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1900
State:
MN
Property Style:
Other
Zip Code:
55403
Neighborhood/Area:
Loring Park
Subdivision Name:
J S Johnsons Sub Of Lts Johnsons
Interior
Ceiling Height:
8-10
Ranges:
One
Refrigerators:
One
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Gas Water Heater
- Other
- Range
- Refrigerator
- Stainless Steel Appliances
- Washer
Basement Details:
- Block
- Egress Window(s)
- Finished
- Full
- Tile Shower
Exterior
Stories:
Three Or More
Garage Spaces:
0
Other Parking Spaces:
4
Air Conditioning:
Central Air, Zoned
Foundation Size:
1,285 ft2
Handicap Accessible:
Accessible Elevator Installed
Road Responsibility:
Public Maintained Road
Heating System:
Boiler
Parking Features:
- Concrete
- Open
Unit Amenities:
- French Doors
- Hardwood Floors
- Kitchen Window
- Natural Woodwork
- Paneled Doors
- Porch
- Sun Room
- Tile Floors
- Washer/Dryer Hookup
Road Frontage:
- City Street
- Curbs
- Sidewalks
Exterior Material:
Wood Siding
Roof Details:
Age 8 Years or Less
Lot & Land
Acres:
0.22
Geolocation:
44.967584, -93.286084
Inclusions:
Building, Fixture/Equipment
Lot Dimensions:
57 x 139 x 77 x 144
Zoning:
Other
Lot Description:
- Many Trees
- Public Transit (w/in 6 blks)
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$20,039
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$20,039
Units
Total Units:
9
Miscellaneous
Current Use:
Residential
Fuel System:
Natural Gas
Owner Occupied:
No
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
- Hot Water Separate
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of RE/MAX Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.