2721 Columbus Ave

Watch for

• low$677 in special assessments on the current tax bill (often street, sewer or code-enforcement charges). Ask what they're for, whether they continue, and whether the seller pays them off at closing. Public record: Hennepin County parcel 3502924320332: special assessments (current) = $676.62

Opportunities

• The seller bought for $70,462 in Aug 2009, so they can take a lower offer and still come out well ahead. Public record: Hennepin County parcel 3502924320332: last sale 2009-08-01, $70,462
• Long time on market: room to negotiate. Based on: Listing data: 24 days on market, 2 price cuts

Questions for the agent

• Can we see the current leases and a rent roll, with move-in dates?
• What did water/sewer/trash, heat and electric cost the owner over the last 12 months?
• How old are the roof, boiler or furnaces, water heaters and electrical panels?
• Is the building licensed as a rental for this many units, and when was the last city inspection?
• Any special assessments pending, and will the seller pay them off at closing?

Standard questions worth asking about any building.

Where each number comes from

County record Public record

Source: Hennepin County parcel records.

City rental license

CHOWNEXMPT: 4 unit(s), Tier 1, status active, renews 2027-03-01.

Nearest highway

I 35W, about 590 m away.

Crime in Phillips West

311 incidents in the last 12 months (62 per 1,000 residents), −2% vs. the year before. Minneapolis police incidents, all reported offenses (definitions differ from St. Paul's, so don't compare across cities).